46-48 Maverick Sq East Boston, MA 02128
- Industrial properties
- 0.03 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 46-48 Maverick Sq
- Lot size
- 0.03 lot acres
- Zone code
- I
- Property type
- Industrial properties
- APN
- EBOS W:01 P:05677 S:000
- APU
- EBOSW01P05677S000
Description
This exceptional three-story, 7,289 square foot retail storefront at 46-48 Maverick Square in Boston, MA (02128) presents a compelling investment opportunity. Built in 1930, this 100% occupied property sits on a 2,610 square foot lot and boasts a diverse tenant mix including national brands like Metro PCS and Verizon Wireless, alongside established local businesses. The first floor houses Metro PCS and a travel agency, while Verizon Wireless occupies a significant portion of the second floor, having invested in substantial building improvements. A local acupuncture clinic and a real estate agency occupy the remaining second and third floor spaces respectively. This prime location benefits from its proximity to the MBTA Blue Line's Maverick station (within walking distance), Boston Logan International Airport (under 10 minutes by car), and numerous large-scale developments currently underway in the area. The property's strong tenancy, transit-oriented location, and surrounding growth potential make it an attractive investment in a high-barrier-to-entry submarket. The asking price is $3,150,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,000,000
- 6.5%
- $2,105,000
- 7%
- $2,205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,250,000
- Geo Method
- $2,120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,885,000
- Retail
- $2,040,000
- Mixed-Use
- $2,040,000
- Hospitality
- $2,025,000
- Educational
- $2,180,000
- Residential Income
- $1,930,000
- Energy
- $1,825,000
- Income-Based Land
- $1,690,000
- Food Service
- $2,005,000
Location Insight
- Map
- Local Demand
- City
- East Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.0387
- Latitude
- 42.3702
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA