246 Border St, Unit 260 East Boston, MA 02128-1618
Property profile & analytics
246 Border St, Unit 260 East Boston, MA 02128-1618
- Grocery and convenience stores
- 49,565 SF
- 11.06 lot acres
Property ID
US38-1347145
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Shaw's / Grocery & Convenience Store / Food Market
- Eastern Bank / Bank / Loan Service
- C.White Marine, Inc. / General Contractor
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- Western Union / Bank / Credit Union
Property Details for 246 Border St
- Year built
- 1998
- Construction
- BRICK
- Lot size
- 11.06 lot acres
- Property size
- 49,565 SF
- Zone code
- C
- Property type
- Grocery and convenience stores
- APN
- EBOS W:01 P:05926 S:001
- APU
- EBOSW01P05926S001
Description
This exceptional 2.13-acre commercial land parcel presents a unique investment opportunity in Boston's vibrant waterfront district. Located at 246 Border Street, in the desirable 02128 zip code, this property is zoned WMU (Waterfront Mixed-Use Subdistricts) within Suffolk County, Massachusetts, offering significant development potential. The single-tenant designation provides flexibility for a variety of commercial uses, catering to businesses seeking a prominent location with high visibility. The expansive lot size allows for substantial construction, accommodating large-scale projects or smaller, strategically planned developments. Given its prime waterfront location in Boston, this property is ideally situated to capitalize on the area's thriving economy and strong demand for commercial space. The site's proximity to major transportation arteries and other key amenities further enhances its appeal. This is a rare chance to acquire a significant land holding in a highly sought-after area of Boston, offering substantial long-term growth potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is currently available for lease. Detailed zoning information and development guidelines are readily available upon request.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,335,000
- 6.5%
- $12,310,000
- 7%
- $11,430,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $8,210,000
Market price range: $2.44M - $12.7M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- East Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.0419
- Latitude
- 42.3761
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$242,751
$6,400,800
$3,205,500
$9,606,300
-
$0.00
$0.00
$0.00
