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Description
Attention buy/hold investors looking to diversify their portfolio with commercial real estate! 65 Meridian Street offers a great opportunity to own a rarely available commercial condo near the Maverick Square neighborhood of East Boston. Unit "B" is a ground floor, retail space that is offering a 7.8% cap rate to new ownership with an established business, Boost Mobile, as an stable anchor tenant. This 4-story building was redeveloped in 2019 with 6 luxury residential condos above. This location has an amazing 96 walk score with high foot and car traffic and is ideally situated 0.3 miles from the Blue Line Maverick MBTA and next to bustling waterfront with direct access to Downtown Boston. Take advantage of the emerging East Boston market with heavy upside and consistent yearly growth opportunities.
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