71 Elm, East Watertown, Watertown, MA 02472

  • $565,000
71 Elm, East Watertown Watertown, MA 02472
Industrial / Commercial Commercial For Sale
71 Elm, East Watertown, Watertown, MA 02472
71 Elm, East Watertown Watertown, MA 02472
  • $565,000

Overview

Property ID: HZ73358298
  • Commercial/Industrial
  • Property Type
  • 3092
  • Sq Ft
  • 1932
  • Year Built

Description

Commercial Sale property in East Watertown Watertown MA.

FULLY STABILIZED – This single-tenant, free-standing retail site is leased to a stable food operator until July 2032. Tenant is currently paying $2,800/mo gross + utilities with 3% annual increases. A safe, starting investment for someone looking to get into the commercial ownership world and diversify their portfolio. The site directly abuts the Watertown Mall, which was acquired by Alexandria Real Estate Equities for $130M in 2021. This is your chance to be a part of the red-hot Watertown submarket that is being redeveloped as the new life science destination and innovation corridor of greater Boston. Reach out to the listing broker via email or text/call to schedule your showing.

  • Address 71 Elm, East Watertown Watertown, MA 02472
  • City Watertown
  • State/county MA
  • Zip/Postal Code 02472
  • Area East Watertown

Details

Updated on April 19, 2025 at 3:32 am
  • Property ID: HZ73358298
  • Price: $565,000
  • Property Size: 3092 Sq Ft
  • Year Built: 1932
  • Property Type: Commercial/Industrial
  • Property Status: Industrial / Commercial
  • For Sale Property Type: Commercial/Industrial
  • For Sale Parking: 1
  • Commercial Property Type: Commercial

Additional details

  • Open Parking Space: 1
  • Office Name: City Realty Group
  • Agent Name: Sean Rose

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