639 Warren Street, Boston, MA 02121
Sq. Ft.: N/A
THE $5,000,000 LIST PRICE IS USED AS A PLACEHOLDER ONLY... Want to build a large mixed-use development? This assemblage of two lots equals 0.75 acres of raw land; it's located in the Grove Hall Neighborhood Subdistrict (NS) of the Roxbury Neighborhood District which is some of the most favorable zoning for developers within the City of Boston. The development may need to go through Boston Design & Planning Agency (BPDA) Large Project Review. The seller has repeatedly met with the BPDA and it has provided productive guidance. The asking price is $42,000 per door. A door equals 1,000 square feet of gross commercial space which should have no reduction for common space since it should be storefront space or 1,000 square feet of gross residential space which, subtracting 15% for common space, equals, on average, 850 square feet units comprising 2 bedrooms and 1 bath. There may be a variety of residential units, ranging from studios to 3 bedroom units. The seller may wait for approvals...
MLS Area: Dorchester's Grove Hall
Property Location: Urban, Public Transportation, Central Business District, Corner Lot, Neighborhood
Directions: Blue Hill Avenue to Warren Street
Utilities: Public Water, Public Sewer, Water Available, Natural Gas
Parking Description: Off Site, On Site
Parking Spaces: 0
Site Description: Dry, Level, Open
Lot Size in Acres: 0.75
Lot Size in Sq. Ft.: 32, 702
No of Buildings: 0
Building Total Area (Sq. Ft.): 0
Property type: CI
Property SubType: Land
Tax Amount: 5, 519.82
Tax Year: 2018
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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MLS PIN data last updated at April 19, 2018 12:29 PM ET