71 Elm, Watertown, MA 02472

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CommercialFor Sale

$565,000

71 Elm

Watertown, MA 02472

Courtesy of City Realty Group - Sean Rose

MLS Property Information Network

1Bath

Est. Mortgage

$3,016/mo

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.

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Information courtesy of City Realty Group is subject to verification and is not guaranteed.

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