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Home Massachusetts Boston Commercial Properties

859-863 Washington Street Boston, MA 02124
NEW
16
859-863 Washington Street, Boston, MA 02124
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$1,550,000
Type: Commercial
Lease Type N/A
3465 Bldg. SQFT
N/A Restrooms
Parking: N/A

Property Description

Fantastic investment opportunity ideally located on busy Washington Street in Dorchester. This 3,465 sqft commercial building sits on an 8,752 sqft lot of land and features ample on-site parking behind the building. The building consists of two commercial spaces currently leased to a liquor store and a pizza shop. Each commercial space also features a full basement. The liquor store lease runs through 11/30/2033 with rent increases every two years. Current liquor store rent is $6,600/month and increases to $6,900/month on 12/1/2025. The pizza shop is tenant at will and currently pays $2,100/month, which will increase to $2,200/month on 10/1/2025. Gross income of $109,200 is based on combined rents as of 12/1/2025. Roof approximately 12 years old. Large 8,752 sqft lot of land could offer future redevelopment potential. Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.
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Property Details tap to expand

Property Information

  • Type: Commercial
  • Location: Other (See Remarks)
  • MLS ID#: 73414217

Financial

  • Gross Annual Expenses: 17746
  • Gross Annual Income: 109200
  • Net Operating Income: 91454

Building Information

  • Total SQFT: 3465

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/06/2025New$1,550,000$447MLSPIN
04/20/2025Canceled$1,575,000$455MLSPIN
03/24/2025Active$1,575,000$455MLSPIN
03/20/2025Price Change$1,575,000$455MLSPIN
02/07/2025Active$1,699,000$490MLSPIN
02/03/2025New$1,699,000$490MLSPIN
02/01/2025Expired$1,699,000$490MLSPIN
10/03/2024Active$1,699,000$490MLSPIN
09/29/2024Price Change$1,699,000$490MLSPIN
09/14/2024Active$1,799,000$519MLSPIN
09/10/2024Price Change$1,799,000$519MLSPIN
08/02/2024Active$1,999,000$577MLSPIN
07/29/2024New$1,999,000$577MLSPIN

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Seller's Representative: Anthony Bruno, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-08-06 09:50:00

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