246 Border St 260, East Boston, MA 02128-1618
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.
-
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
C · East Boston, MAEast Boston. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.