71 Elm, Watertown, MA 02472

1 bath

Commercial Property
Built in 1932
3,049sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Listing Office:: City Realty Group : 617-751-5119
Listing Agent:: Sean Rose : 617-997-8351
MLS ID:: 73358298

Originating MLS: MLS Property Information Network
County: Middlesex

This listing courtesy of Sean Rose, City Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Hosmer Elementary School

1 Concord Rd, Watertown, MA, 02472

Grades PK-5

0.68 miles away

Watertown Middle School

68 Waverley Ave, Watertown, MA, 02472

Grades 6-8

1.90 miles away

Watertown High School

50 Columbia St, Watertown, MA, 02472

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.