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Mixed-Use Development Site in Dorchester

2-8 Bowdoin Street, Boston, MA 02121

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For Sale

$2,799,000

Approved 22-unit mixed-use development site in Four Corners/Fairmount corridor.

Type:Commercial

Property size:

7,462 SF

Lot size:

0.17 Acres

Price / SF:

$375/SF

HighLights

ZBA‑approved 22‑unit mixed‑use development site.
Located in the rapidly growing Four Corners/Fairmount corridor.
Approved for approximately 33,452 SF with plans for 22 residential units and 2,400 SF of retail/restaurant space.
Transit‑oriented development with zero‑parking approval.
Includes 4 affordable housing units.
Benefits from strong visibility, neighborhood momentum, and municipal support.

We can help!

Listing Contact

Lindsey & Associates Realty Team

Learn more

For Sale

$2,799,000

Approved 22-unit mixed-use development site in Four Corners/Fairmount corridor.

Type:Commercial

Property size:

7,462 SF

Lot size:

0.17 Acres

Price / SF:

$375/SF

Added:: Apr 12, 2026
Days on Market:: 59
Last Refresh:: Apr 21 at 6:12 am

Property Features for 2-8 Bowdoin Street

General Information

Standard status: Active
Size: 7,462 SF
Lot size: 0.17 Acres
Property subtype: Commercial

Building Details

Year Built: 1910

We can help!

Listing Contact

Lindsey & Associates Realty Team

Listing agent Lindsey & Associates Realty Team

Listing office Keller Williams Realty Boston-Metro | Back Bay

Listing date Apr 12, 2026

Source Stevebremis

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 Keller Williams Realty Boston-Metro | Back Bay

HighLights

ZBA‑approved 22‑unit mixed‑use development site.
Located in the rapidly growing Four Corners/Fairmount corridor.
Approved for approximately 33,452 SF with plans for 22 residential units and 2,400 SF of retail/restaurant space.
Transit‑oriented development with zero‑parking approval.
Includes 4 affordable housing units.
Benefits from strong visibility, neighborhood momentum, and municipal support.

Overview

This is a rare opportunity to acquire a ZBA-approved 22-unit mixed-use development site at 2-8 Bowdoin Street, Dorchester, situated in the rapidly growing Four Corners/Fairmount corridor. The project is approved for approximately 33,452 square feet. Plans call for 22 residential rental units, including 4 affordable units, along with approximately 2,400 square feet of ground-floor retail/restaurant space. This transit-oriented development offers a strong opportunity for an investor or development partner to capitalize on a well-located site with significant entitlement progress already achieved. Situated on a prominent corner in a designated growth area, the project features zero-parking approval and benefits from strong visibility, neighborhood momentum, and municipal support. The property size is 7,462 square feet. This is a compelling development opportunity in one of Dorchester's evolving mixed-use corridors.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$313.4k	$42.00
− Vacancy	−$21.9k	−$2.94
EGI	$291.5k	$39.06
− OpEx	−$109.3k	−$14.65
NOI	$182.2k	$24.41

7,462 SF · lease $42.00/SF/yr · vacancy 7.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$2.60M

$2.28M – $3.04M (±1% cap)

NOI $182,166 @ 7.0% cap · market cap 6.51%

Second Best

Apartment 5plus

$2.50M

$2.19M – $2.92M (±1% cap)

NOI $175,298 @ 7.0% cap · market cap 6.26%

Theoretical Best

Office A

$5.59M

$4.89M – $6.52M (±1% cap)

NOI $391,128 @ 7.0% cap · market cap 13.97%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Boston
County: Suffolk
State: Massachusetts
Longitude: -71.0733212
Latitude: 42.2996373

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For sale
Mixed-use properties
MA
Boston
02121
2-8 Bowdoin Street

What type of property is this?

Mixed-use property - Approved 22-unit mixed-use development site in Four Corners/Fairmount corridor.

Where is this mixed-use property located?

The property is located at 2-8 Bowdoin Street Boston, MA.

What is the asking price?

The asking price for this property is $2,799,000.

What are key features of this property?

This property features: ZBA‑approved 22‑unit mixed‑use development site.; Located in the rapidly growing Four Corners/Fairmount corridor.; Approved for approximately 33,452 SF with plans for **22 residential units** and **2,400 SF of retail/restaurant space.**

2-8 Bowdoin Street, Boston, MA 02121

Approved 22-unit mixed-use development site in Four Corners/Fairmount corridor.

Property Features for 2-8 Bowdoin Street

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Multifamily Near Stony Brook

Multifamily Property Near Green Line

Renovated Triple Decker Triplex

Triplex with Private Rear Decks

Two-Family with Approved Expansion Plans

Two-Family Brownstone with Original Details

Boston Retail Condominium For Sale

Corner-Lot Two-Family Duplex

Remodeled Three-Family Residence

Brighton Multifamily Investment Opportunity

Three-Unit Residential Investment

Renovated Multi-Family Brick Building

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