East Boston Mixed-Use Redevelopment
59-63 Meridian Street, Boston, MA 02128
For Sale
$3,900,000
Mixed-use property in East Boston with redevelopment potential.
Property Size15,000 SF
Price / SF$260
Days on Market501
Property Features for 59-63 Meridian Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Centre Realty Group
Listed By:
Alissa Charles · License MA #9534381
(617) 332-0077
Source:
Stevebremis
Added: Jun 28, 2025
Changed: Sep 3
Last Checked: Aug 14 at 6:07AM
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 Centre Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in the heart of East Boston at 59-63 Meridian St, with additional access from 82 Paris St, this three-story mixed-use asset offers a prime redevelopment and value-add opportunity. The property is situated steps from Maverick Square and minutes from the Jeffries Point waterfront. The building totals approximately 15,000 square feet and presents exceptional upside for developers, investors, and owner-users. MU-5 zoning allows for a wide range of potential uses. Conceptual redevelopment plans are in place. The property provides immediate carry income with two leased retail storefronts on Meridian St and a leased ground-floor office suite with a private entrance at 82 Paris St. The second and third floors are fully vacant, creating an opportunity for swift repositioning, phased redevelopment, or full-scale transformation. Multiple access points via elevator and stairwells offer flexibility for future layouts.
Key Highlights
- Prime redevelopment opportunity in East Boston, steps from Maverick Sq.
- MU‑5 zoning allows for a wide range of potential uses.
- Approx. 15,000 SF mixed‑use asset with additional access from Paris St.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,073
Businesses Nearby
Explore this area
Business Placement
Demographics for 02128, MA
43,066
Population
19,124
Households
2.3
Avg Household Size
33
Median Age
38%
College-Educated
77%
High-School Grad
5.0 sq mi
ZIP Area
8,613
Density / Sq Mi
$92,079
Median Household Income
$48,549
Median Earnings
$2,009
Median Rent
$680,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Boston, MA
Properties on Market for Mixed-use properties in Boston
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in East Boston with redevelopment potential.
Where is this mixed-use property located?
The property is located at 59-63 Meridian Street Boston, 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: Prime redevelopment opportunity in East Boston, steps from Maverick Sq.; MU‑5 zoning allows for a wide range of potential uses.; Approx. 15,000 SF mixed‑use asset with additional access from Paris St.
