$1,550,000

859-863 Washington Street, Boston, MA 02124

  • 3,465 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $447/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Date Added:
August 6, 2025 at 05:00AM
Listing Office:
Gibson Sotheby's International Realty : 617-426-6900
Listing Agent:
Anthony Bruno : 781-710-4544
MLS ID:
73414217
  • Originating MLS: MLS Property Information Network
  • County: Suffolk

This listing courtesy of Anthony Bruno, Gibson Sotheby's International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

D

Dr. William Henderson Upper School

18 Croftland Ave, Dorchester Center, MA, 02124

Grades 5-12

0.09 miles away

D

Dr. William Henderson Upper School

18 Croftland Ave, Dorchester Center, MA, 02124

Grades 5-12

0.09 miles away

D

Dr. William Henderson Upper School

18 Croftland Ave, Dorchester Center, MA, 02124

Grades 5-12

0.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby