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Manufacturing properties
MA
Charlestown
02129
62 Alford St

Property profile

62 Alford St Boston, MA 02129

FOR SALE

Manufacturing properties

Property ID

US38-1713070

20,481 SF 0.34 ac lot Built 1910

Trust Owned 10-yr Hold Free & Clear

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62 Alford St, Boston, MA 02129
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This exceptional 25,000-square-foot industrial building in Boston's Charlestown neighborhood presents a compelling investment opportunity. Situated on a 14,700-square-foot lot, this three-story structure, built in 1900, boasts two loading docks and a 24-foot clear height in the warehouse area. The property features industrial-grade utility service and steam boiler heating, making it fully equipped for industrial operations. Its location at the Sullivan Square rotary provides convenient access to major roadways, including Routes 93, 1, and 99 in Everett, as well as the MBTA Orange Line's Sullivan Square station. The property benefits from grandfathered industrial zoning and recently upgraded overlay zoning for redevelopment, enhancing its potential. Its prime location near significant developments, such as Encore Casino and the Hood Park mixed-use/life science development, positions it for substantial future growth. This property offers significant redevelopment potential within a high-growth area, making it an attractive option for industrial end-users or investors seeking a prime location in Charlestown, Massachusetts. The property's address is 62 Alford St, Boston, MA 02129.

Property type Manufacturing properties

Use group MANUFACTURING (LIGHT)

Year built 1910

Construction BRICK

Total area 20,481 SF

Lot 0.34 ac (14,600 SF)

Zoning code I

APN CHAR W:02 P:01838 S:000

UPID US38-1713070

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

62 Alford St Boston, MA 02129

Boston metro Census 40600 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

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AI Approach AI

by Request

CAP Approach CAP

$3.32M

Comparable Approach Comparable

by Request

Blend (final) Blend

$2.84M

since 2016

2 recorded transactions

2016

Price N/A

2015

Price N/A

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$2,890,000

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96 Arlington Ave, Unit 104

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Value Estimation
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0.05 Acres

511 Medford St

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Value Estimation
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800 SF

285 Medford St

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285 Medford St, Charlestown, MA 02129-1953

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