$3,900,000
Active59-63 Meridian St
Boston, MA, 02128
Commercial · MLS #73468877
Days on market
New today
Lot size
0.11 ac
0.11 acres
Lot
About this home
Prime redevelopment & value-add opportunity in the heart of East Boston at 5963 Meridian St w/additional access from 82 Paris St, steps from Maverick Sq & minutes to the Jeffries Point waterfront. This three-story mixed-use asset totals approx. 15,000 SF & offers exceptional upside for developers, investors & owner-users. MU-5 zoning allows a wide range of potential uses. Conceptual redevelopment plans are in place, providing a head start while preserving flexibility to refine or expand the vision. The property delivers immediate carry income w/two leased retail storefronts on Meridian St & a leased ground-floor office suite w/private entrance at 82 Paris Stoffsetting holding costs during planning. The 2nd & 3rd floors are fully vacant, creating a rare opportunity for swift repositioning, phased redevelopment or full-scale transformation. Multiple access points via elevator & stairwells offer exceptional flexibility for future layouts.
Listed by Alissa Charles · Centre Realty Group
Schedule a showing
59-63 Meridian St
Estimated payment
$25,246 / month
Loan term
- Principal & interest
- $19,721
- Property tax
- $3,900
- Home insurance
- $1,625
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
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