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Free Standing Brick Office Building
For Sale
$1,575,000

108 School St, Watertown, MA 02472

Free standing brick building near Arsenal Street and Arsenal Yards.

Property SizeContact for details
Days on Market452

Property Features for 108 School St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $19,049

Building Details

Year Built 1920
Listing Agency: Realty Executives
Listed By: Ari Koufos
Source: Corcoran
Added: Jun 9, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives

Investment Insights

Based on property information with market context.

This free standing brick building presents an opportunity for a mid-size contractor, lawyer, insurance company, or investor seeking a long-term investment. The property is located near Arsenal Street and the Arsenal Yards. The main floor, currently configured as potentially three separate offices, can be utilized as one large space. The building includes three renovated bathrooms and newer A/C. There are over 10 off-street parking spaces, along with a bonus two-car garage. The lower level, with over 2000 sq ft of space, is currently rented to a contractor for storage, offering various possibilities for use.

Key Highlights

  • Free‑standing brick building near Arsenal Street and Arsenal Yards.
  • Main floor configurable as one large space or three separate offices.
  • Enjoy the convenience of 10+ off‑street parking spaces plus a 2‑car garage.

Property Analytics

Current Use

Winters Home Services Plumbing Service

Suggested Use

Top Pick Accounting Firm Law Firm Pet Grooming Service (Bike/Boat/Book/etc) Store Home Appliance Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,248
Businesses Nearby

Demographics for 02472, MA

35,392
Population
17,069
Households
2.1
Avg Household Size
39
Median Age
67%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
8,848
Density / Sq Mi
$123,383
Median Household Income
$77,537
Median Earnings
$2,356
Median Rent
$737,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Free standing brick building near Arsenal Street and Arsenal Yards.
Where is this office building located?
The property is located at 108 School St Watertown, MA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Free‑standing brick building near Arsenal Street and Arsenal Yards.; Main floor configurable as one large space or three separate offices.; Enjoy the convenience of 10+ off‑street parking spaces plus a 2‑car garage.
More about this property
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