Property profile

109 Nichols Ave Watertown, MA 02472

OFF-MARKET
Investment properties
Saved · see the list in your Dashboard
Property ID
US38-1206567
5,760 SF 0.13 ac Built 1921
Last sale Oct 2021·$1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional mixed-use property at 109 Nichols Ave, Watertown, MA presents a compelling investment opportunity. The property sits on a 0.13-acre lot and is offered at $2,375,000. The building boasts approximately 3,500 square feet of ground-floor commercial space, currently fully occupied by four thriving businesses. These include a well-regarded grocery store, a popular restaurant, and two additional commercial tenants, generating a substantial income stream. The restaurant is known for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$1.22M
Assessed land$404k
Assessed improvement$815k

Value estimate

· Nov 2026
$1.53M
$1.38M – $1.68M
AI approach$1.55M
CAP approach$1.46M
Submarket $/SF estimate$1.57M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$352/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$260 – $455
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NB
Any use permitted in the R.75, R1.2 and NB districts. (2) Educational or licensed day care use defined by M.G.L. c. 40A, § 3 , business o...
General categoryCOMMERCIAL
JurisdictionWATERTOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.1
Accounting Firm12.7
Pawn Shop10.9

Location

109 Nichols Ave Watertown, MA 02472-4128
County assessor Recorded deeds · 5 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
466 Main, Watertown, MA 02472-2246 $1,555,000 May 2025 5,792 SF
41-43 Mt Auburn, Watertown, MA 02472 $1,700,000 Jan 2025 4,575 SF
76 School, Watertown, MA 02472-4254 $1,300,000 Jan 2024 4,995 SF
21-23 Boylston, Watertown, MA 02472 $538,000 Apr 2023 4,918 SF
52-54 Spg, Watertown, MA 02472 $2,350,000 Jun 2022 5,213 SF
40-42 Mt Auburn, Watertown, MA 02472 $400,000 Dec 2020 4,604 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 109 Nichols Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved