475 Main St Watertown, MA 02472
- Commercial real estate
- 0.07 lot acres
Current Use by Public Records
- Choice Cleaners & Tailors / Dry Cleaner
Property Details for 475 Main St
- Year built
- 1930
- Lot size
- 0.07 lot acres
- Property type
- Commercial real estate
Description
This exceptional free-standing commercial building, situated at 475 Main Street in Watertown, MA, presents a unique investment opportunity. Boasting a substantial 6,129 square feet of space, including a full basement, this property offers significant redevelopment potential for a variety of uses. The building currently operates as a dry cleaner and includes three separate street addresses (473, 475, and 477 Main Street), each with its own retail storefront entrance. This prime location offers excellent visibility and accessibility, situated directly on Route 20, a major thoroughfare, and in close proximity to Route 16. The property's high-traffic location is further enhanced by a public bus stop (#70) directly in front, ensuring consistent pedestrian traffic. The 0.07-acre lot provides ample space for potential expansion or outdoor amenities. The existing dry cleaning business is included in the sale, offering immediate income potential or the opportunity to establish a new venture. Ideal for builders, dry cleaners, architects, office spaces, retail businesses, medical practices, or daycare centers, this versatile property is ready for its next chapter. The asking price is $2,000,000.
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
- Watertown
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.196
- Latitude
- 42.3714
