Railroad Ave Swampscott, MA 01907
- Commercial real estate
- 0.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Railroad Ave
- Year built
- 1895
- Lot size
- 0.33 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.33-acre corner lot presents a remarkable development opportunity in the desirable town of Swampscott, Massachusetts. Located directly across from the Swampscott Commuter Rail station, this property offers unparalleled convenience and accessibility. The site encompasses a total of 14,331 square feet and includes a single-family house and an additional parking lot situated on Burrill Street, providing ample space for a variety of development projects. Its prime location offers proximity to both the beach and local shopping amenities, making it an attractive proposition for potential residents. The existing structures on the property provide a solid foundation for a redevelopment project, potentially suitable for conversion into a residential condominium complex or apartment building. This presents a unique chance to capitalize on the high demand for housing in this sought-after coastal community. The substantial lot size and strategic location combine to create a compelling investment opportunity with significant upside potential. The property's proximity to public transportation further enhances its appeal, offering residents easy access to Boston and surrounding areas. This is a rare chance to acquire a substantial parcel of land in a highly desirable location, ripe for development and poised for significant returns. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Swampscott
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9229
- Latitude
- 42.4731