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859-863 Washington Street, Boston, MA
Not Available - Off Market
0
$1,550,000
N/A Beds N/A Baths
HOA
N/A
LOT size: 0.20 Acres
SQFT
3465
859-863 Washington Street
Boston, MA 02124
View Map
This Property is No Longer Available

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.

Property Details

Property Information

  • Type: Commercial
  • Location: Other (See Remarks)
  • MLS ID#: 73414217

Financial

  • Gross Annual Expenses: 17746
  • Gross Annual Income: 112800
  • Net Operating Income: 95054

Building Information

  • Total SQFT: 3465

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Mortgage Calculator

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Map

Seller's Representative: Anthony Bruno, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-12-02 03:05:00

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