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587 Albany Street, Boston MA 02118, Boston, Commercial Sale

$ 3,375,000
587 Albany Street, Boston MA 02118,
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Overview

  • Updated On:
  • October 26, 2022
  • 5,382 ft2

Description

Development Opportunity. Existing 3 story brick warehouse together with ZBA APPROVAL TO CONVERT TO A 6 STORY RESIDENTIAL BUILDING OR TAKE ADVANTAGE OF HIGHLY DESIRABLE EDA-SOUTH ZONING WHERE BUILDINGS TO 70′ ARE ALLOWED AND POTENTIAL USES INCLUDE HOTEL, OFFICE, LAB AND SCHOOL! The approved plans call for 6 residential units, the majority of which are direct elevator access 2+ bedroom/2 bath flats with 1420 sq/ft each in a building with +/- 10,800 square feet of total area. The property is located in the South End’s hottest new neighborhood with literally millions of square feet of residential, office, laboratory and cultural spaces under construction. A truly rare opportunity, priced to sell. Clean Phase I environmental report. Delivered vacant.

Address: 587 Albany Street, Boston MA 02118
City:
State/County:
Zip: 02118
Country: US
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Property Id : 184358
Price: $ 3,375,000
Property Size: 5,382 ft2
Property Lot Size: 0 ft2
MLSAreaMajor: South End
Business Type: Commercial
Listing ID: 73030349
MLS Status: Price Changed
Last Modified: 2022-10-26T13:29:00.000Z
Original List Price: 3500000
Street Name: Albany Street
Street Number: 587

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