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8-12 Hancock St 2,193 SF Retail Building Dorchester, MA 02125 $837,552 CAD ($381.92 CAD/SF)
INVESTMENT HIGHLIGHTS
- 50,000 daily car traffic
- Exposed Brick walls
- Windows
EXECUTIVE SUMMARY
Unlock the potential of this prominently located commercial property in the heart of Uphams Corner. Situated at 8–12 Hancock Street, this single-story brick building offers approximately 2,193 square feet of space, presenting a blank canvas for visionary investors and developers.
Key Features:
• Strategic Location: Nestled at the corner of Hancock Street and Uphams Avenue, the property benefits from high visibility and foot traffic. It’s just steps away from the historic Strand Theatre and is surrounded by a mix of residential and commercial establishments, enhancing its appeal for various business ventures.
• Historical Significance: Formerly home to Cataloni’s bar, the building has a rich history within the community. Although it has been vacant since 2010, its storied past adds character and a narrative that can be revitalized through thoughtful redevelopment.
• Zoning and Development Potential: Located within a district that has been the focus of revitalization efforts, including the city’s Imagine Boston 2030 plan, the property is well-positioned for redevelopment. The area is earmarked for transformation into an Arts and Innovation district, aiming to boost affordable housing, commerce, and cultural activities.
• Community Engagement: Past redevelopment proposals, such as converting the site into a recreational marijuana dispensary, have highlighted the importance of community involvement. Future projects will benefit from proactive engagement with local civic associations to ensure alignment with neighborhood expectations and needs.
Investment Highlights:
• Versatile Space: The building’s layout and location make it suitable for a range of uses, including retail, dining, cultural centers, or mixed-use developments.
• Growth Corridor: Uphams Corner is undergoing significant transformation, with initiatives aimed at enhancing its role as a cultural and economic hub. Investing in this property offers the chance to be part of this dynamic evolution.
• Accessibility: The property is easily accessible via major thoroughfares and public transportation, making it convenient for customers and clients.
Key Features:
• Strategic Location: Nestled at the corner of Hancock Street and Uphams Avenue, the property benefits from high visibility and foot traffic. It’s just steps away from the historic Strand Theatre and is surrounded by a mix of residential and commercial establishments, enhancing its appeal for various business ventures.
• Historical Significance: Formerly home to Cataloni’s bar, the building has a rich history within the community. Although it has been vacant since 2010, its storied past adds character and a narrative that can be revitalized through thoughtful redevelopment.
• Zoning and Development Potential: Located within a district that has been the focus of revitalization efforts, including the city’s Imagine Boston 2030 plan, the property is well-positioned for redevelopment. The area is earmarked for transformation into an Arts and Innovation district, aiming to boost affordable housing, commerce, and cultural activities.
• Community Engagement: Past redevelopment proposals, such as converting the site into a recreational marijuana dispensary, have highlighted the importance of community involvement. Future projects will benefit from proactive engagement with local civic associations to ensure alignment with neighborhood expectations and needs.
Investment Highlights:
• Versatile Space: The building’s layout and location make it suitable for a range of uses, including retail, dining, cultural centers, or mixed-use developments.
• Growth Corridor: Uphams Corner is undergoing significant transformation, with initiatives aimed at enhancing its role as a cultural and economic hub. Investing in this property offers the chance to be part of this dynamic evolution.
• Accessibility: The property is easily accessible via major thoroughfares and public transportation, making it convenient for customers and clients.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,193 SF
Building Class
C
Year Built
1925
Price
$837,552 CAD
Price Per SF
$381.92 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.05 AC
Zoning
NS - Commercial
Frontage
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | DORC-000000-000013-001740 | Improvements Assessment | $367,267 CAD |
| Land Assessment | $150,201 CAD | Total Assessment | $517,468 CAD |
PROPERTY TAXES
Parcel Number
DORC-000000-000013-001740
Land Assessment
$150,201 CAD
Improvements Assessment
$367,267 CAD
Total Assessment
$517,468 CAD
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8-12 Hancock St
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