1269 Massachusetts Ave 2,640 SF Retail Building Dorchester, MA 02125 $2,257,312 CAD ($855.04 CAD/SF) 7% Cap Rate

Thanks to massive, multi-million dollar redevelopments nearby—including the expansion of the South Bay Center—this pocket has completely turned around. Surrounded by modern shopping, high-end apartments, and heavy foot traffic from professionals and families, which has effectively pushed out any elements you could be worried about.Because this property sits right on the border division of Boston, South Boston, and the newly transformed South Bay area, the day-to-day environment here is highly active, safe, and commercial.
The property in one of the city’s fastest-growing neighborhoods. 1269 Mass Ave potential is staggering. This is a VERY RARE finding situated in the high-traffic corridor between South Bay, Everett Square Dorchester, and bordered by South Boston.2,640 SqFt restaurant in very good condition. Current lease is very BELOW market price. With the lease expiring in just 1.4 year, this is a prime opportunity to reset to market rates and instantly maximize your ROI or run your own business. Low annual taxes for the Area. Basement Storage area.
?? Location, location: High visibility, heavy foot traffic, and immediate proximity to the South Bay shopping hub and the South Boston border.
Buildings with this much "meat on the bone" in a 10/10 location don't stay available. Rarely do you find this much square footage in this condition with a guaranteed path to doubling your rental income in 16 months. With exceptionally low taxes for a Boston area commercial asset, your margins are protected from day on one.
Seller is open to reviewing offers within a reasonable range.