6-14 Mount Auburn St, Watertown, MA 02472
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$4,950,000
Type: Commercial
Lease Type N/A
16669 Bldg. SQFT
10 Restroom
Parking: N/A

Property Description

Don't miss this opportunity to acquire a truly generational asset in the heart of Watertown Square! Comprised of multiple buildings (6-14 Mount Auburn Street and 5-15 Spring Street) on a .29 acre mixed-use commercial parcel, this offering represents a stable investment with in-place income and significant future upside through potential redevelopment or rent optimization. Own a landmark property with unparalleled visibility in a high-traffic, walkable locale near major transport routes. An adjacent municipal parking lot with over 225 spaces provides ample parking for patrons of thriving local businesses. Included with the building is a massive solar array on the roof consisting of 110 panels. The true prize is the WSQ3 zoning, providing an incredible opportunity for future development of up to five residential stories over one commercial level. Secure robust current income with exceptional value-add potential in a thriving urban hub. A rare opportunity for the savvy investor!

Property Details tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73376320

Financial

  • Gross Annual Income: 358560

Building Information

  • Total SQFT: 16669
  • Total Restrooms: 10

Construction & Utilities

  • Utilities: Natural Gas, Other (See Remarks), Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/16/2025New$4,950,000$297MLSPIN

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Seller's Representative: Matt Gorman, EDGE Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-16 09:39:00