Waterfront Development
For Sale
$3,900,000
108 Water Street, Watertown, MA 02472
Approved waterfront development site for 52 units overlooking the Charles River, with on-site parking for 27 vehicles.
Property SizeContact for details
Days on Market83
Property Features for 108 Water Street
General Information
Standard status
Active
Total Parking Spaces
27
Property subtype
Land
Additional Details
Multifamily Units
52
Amenities
roof deck
elevator
indoor bicycle parking
electric parking stations
Listing Agency:
W. J. Nealon Commercial Realty,Inc.
Listed By:
John Nealon
(978) 658-2345
Source:
Wilsonwolfe
Added: May 19
Changed: Aug 8
Last Checked: Jul 4 at 7:26PM
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 W. J. Nealon Commercial Realty,Inc.
Investment Insights
Based on property information with market context.
This approved development site is planned for 52 units overlooking the Charles River and includes 9 studio units, 30 one-bedroom units, 12 two-bedroom units, and one three-bedroom unit. The site’s planned amenities include a roof deck, elevator, indoor bicycle parking, and electric parking stations. On-site parking is provided for 27 vehicles.
The property is located steps to MBTA bus stops with service to Downtown, Copley Square, Allston/Brighton/Kenmore Sq., Harvard Sq., and Central Sq. Cambridge, as well as to Waltham, Newton, Needham, and Dedham.
The property is located steps to MBTA bus stops with service to Downtown, Copley Square, Allston/Brighton/Kenmore Sq., Harvard Sq., and Central Sq. Cambridge, as well as to Waltham, Newton, Needham, and Dedham.
Key Highlights
- Approved development site for 52 units overlooking the Charles River (Watertown Planning Board and Board of Appeals).
- Unit mix: 9 studios, 30 one‑bedrooms, 12 two‑bedrooms, and 1 three‑bedroom.
- On‑site parking for 27 vehicles.
Property Analytics
Current Use
Lease Details
52
Residential units
Location Intelligence
Trade Area within ½ mile
2,142
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Approved waterfront development site for 52 units overlooking the Charles River, with on-site parking for 27 vehicles.
Where is this waterfront land located?
The property is located at 108 Water Street Watertown, MA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Approved development site for 52 units overlooking the Charles River (Watertown Planning Board and Board of Appeals).; Unit mix: 9 studios, 30 one‑bedrooms, 12 two‑bedrooms, and 1 three‑bedroom.; On‑site parking for 27 vehicles.
