287 MainBoston, MA 02129MLS Number 72286176

  • Price: $550,000
  • 118 Days on Market
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Federal 30-year interest rate: 4.57% last updated on Jun 21, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.02Acreage
  • 1900Year Built

Driving Directions

T-Mobile franchisee recently executed a new five year lease with 3% annual increases. Upon expiration, new ownership has opportunity to increase cash flow when able to mark-to-market with a new tenant or extend T-Mobile with their one, five year option at Fair Market Value. The property is located on the main thoroughfare of Charlestown and only steps away from the neighborhoods most visited retail center, Bunker Hill Mall which is anchored by Whole Foods, CVS, and Dunkin Donuts. Additionally, the T-Mobile store is located less than a 1/2 mile from the Community College Orange Line T Stop providing direct access to and from Downtown Boston within minutes.

Listed by Michael d'Hemecourt of Boston Realty Advisors

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More Info

Parking

  • Parking Spaces

Building

  • Year Built1900
  • Reu Units1
  • No Buildings1
  • No Stories1
  • Entry OnlyNo
  • Assessed Value Bldg202000

Basic Information

  • StatusUAG
  • MLS Number72286176
  • Prop TypeCI
  • Status Date2018-05-24T16:04:00
  • Date Listed02/27/2018
  • List Price$550,000
  • LeaseNo
  • Lease TypeTriple Net Lease (NNN)
  • DirectionOn the main thoroughfare of Charlestown, steps from Bunker Hill Mall, a short walk to MBTA T Stop

Photos

  • Photo Date2018-02-27T10:37:00
  • Number of Photos4

Location

  • Building Number287
  • Street No287
  • StreetMain
  • TownBoston
  • StateMA
  • Zip02129
  • CountySuffolk

Property

  • Acreage0.02
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size1042
  • Assessed Value Land71500
  • Main LoNB9260

Other

  • Modification Date2018-05-24T16:04:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book50988
  • Listing AgreementExclusive Right to Sell
  • Ref Bldg Sf1000
  • ExchangeNo
  • Firm Rmk1Newly executed lease with Fair Market Value option. Urban core net lease opportunity. Strong tenancy with two year guarantee by franchisee with multiple locations.
  • Page218
  • View Count2
CENTURY 21  Advance Realty
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02115

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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