$1,550,000
3,465
Living Area
-
Property Description
Fantastic investment opportunity ideally located on busy Washington Street in Dorchester. This 3,465 sqft commercial building sits on an 8,752 sqft lot of land and features ample on-site parking behind the building. The building consists of two commercial spaces currently leased to a liquor store and a pizza shop. Each commercial space also features a full basement. The liquor store current lease term runs through 11/30/2033 with rent increases every two years. Current liquor store rent is $6,600/month and increases to $6,900/month on 12/1/2025. The pizza shop current lease term runs through 8/31/2033 with rent increases every year. Current pizza shop rent is $2,500/month. Gross income of $112,800 is based on combined rents as of 12/1/2025. Roof approximately 12 years old. Large 8,752 sqft lot of land could offer future redevelopment potential. Seller and seller's agent make no representations as to the potential development of the site.
-
Highlights
- Area: Dorchester
- Property Class: Commercial Sale
- Status: Active
- Parking Spots: 10
- Year Built: 1925
-
Additional Details
- Zoning: C
- Zoning Description: Other (See Remarks)
-
Fees / Taxes
- Tax Year: 2025
- Taxes: $13,471
Similar Listings
Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Gibson Sotheby's International Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.