108 Water St Watertown, MA $ 3,900,000
108 Water St
$ 3,900,000
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108 Water St

Watertown, MA, 02472
$ 3,900,000
Baths8.0 Sq 21,600

Monthly Estimate*

$ 27,243

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Studio

Commercial Property for sale in Watertown, MA

for $3,900,000 with 8 full baths. This 21,600 square foot building was built in 1963 on a lot size of 0.45.

Don't miss out on this rare opportunity to invest in a value-add property located in one of Boston's hottest suburbs. With strong rental history and booming local economy, this boutique property offers incredible potential for investors and owner-users alike. Spanning approximately 21,600 square feet on 19,428 square foot of land, this property is zoned for office, lab, and other hi-tech uses. With low market rents, there is tremendous upside for rental income growth. On-site parking ensures convenience for tenants and visitors. Located adjacent to the Charles River walking and cycling paths, this property offers easy access to Boston, Cambridge, and the Mass Turnpike. The surrounding area boasts a vibrant and thriving community, making it an attractive destination for businesses and residents. Offered for the first time in a generation, this property presents an exceptional opportunity for investors and owner-users.

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Commercial Active

Price

$ 3,900,000

Bedrooms

Studio

Full Bath

8

Property Type

Commercial

Taxes

$ 34,228

Style

Professional/Office

Lot Size

0.45

Year Built

1963

Town/City

Watertown

County/Region

Middlesex

MLS | Web ID

73211295

List By
John Nealon

Listing Agent

W. J. Nealon Commercial Realty, Inc.

Broker

Affordability Calculator

$30,095
Per Month
91%
9%
0%
Monthly Principal & Interest
$27,243
Monthly Property Taxes
$2,852
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
3/12/2024$3,900,000 Listed Price

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108 Water St, Watertown, MA, 02472 is a Commercial Property for sale at $3,900,000 with 21,600 sqft and a lot size of 0.45. 108 Water St is a studio with 8.0 baths and was built in 1963. The property's zip code is 02472 which is in Watertown, MA