639 Warren Street, Boston, Massachusetts | $39,000 Per Door

[Jonathan Bowen]

Hub Edge Realty presents 639 Warren Street, Boston, Massachusetts...

Specifics...

Hub Edge Realty is anticipating 111 doors, including commercial and residential, combined, but the City of Boston controls all approval processes. The asking price is $39,000 per door. A door equals 1,000 square feet of gross commercial space which should have no reduction for common space since it should be storefront space or 1,000 square feet of gross residential space which, after subtracting 15% for common space, equals, on average, 850 square feet units comprising 2 bedrooms and 1 bath. There may be a variety of residential units, ranging from studios to three bedroom units. This assemblage of two lots equals 0.75 acres of raw land; it's located in the Grove Hall Neighborhood Subdistrict (NS) of the Roxbury Neighborhood District which is some of the most favorable zoning for developers within the City of Boston. The development may need to go through Boston Design & Planning Agency (BPDA) Large Project Review. The seller and listing broker have met with the BPDA on several occasions. The seller may wait for approvals. THE $4,329,000 LIST PRICE IS USED AS A PLACEHOLDER ONLY.

Contact...

Contact Jonathan Bowen of Hub Edge Realty for a copy of the 639 Warren Street marketing presentation now...