$3,100,000
About this home
Presenting 81-85A L Street, an existing urban infill retail property, offering tremendous value-add and long-term development potential, located in the heart of South Boston’s Eastside. The property is currently improved with a single-story building, totaling approximately 7, 836 SF (including basement) and sits on a 4, 592 square foot lot, bound by L, Emerson, and East 4th Street(s). Situated in South Boston’s most dynamic and desirable neighborhood, the property is surrounded by a dynamic mix of retail, dining, entertainment, and fitness options, that line the East Broadway corridor. Additionally, 81-85A L Street is proximate to several transformative upcoming developments and offers investors an attractive “covered-land-play” with in place cash flow. Investors are offered an immediate value add for users or the opportunity to re-lease approximately 60% of the building (currently Executive Cleaners), which will be delivered vacant, as well as potential for long-term development.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $23,043
- Utilities
- $2,496
- Transportation
- $125
- Other (entertainment)
- $158
Quick facts
Home features
Lot features
Other
Neighborhood — 02127
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 28,553 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | -2.00% | 7.00% | 20.00% |
| Population Density | 13,822 | 786 | — |
| Male | 13,339 | 3,127,134 | 147,432,321 |
| Female | 15,214 | 3,317,797 | 151,655,844 |
| Never Married | 11,359 | 1,612,885 | 63,775,926 |
| Married | 7,056 | 2,586,314 | 123,120,365 |
| Separated | 1,531 | 247,857 | 12,639,686 |
| Widowed | 1,851 | 363,594 | 15,467,586 |
| Divorced | 2,135 | 436,888 | 23,075,029 |
| Number Of House Hold | 13,250 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.12 | 2.56 | 2.60 |
| Medial Age | 35.44 | 37.25 | 35.46 |
| Median House Hold Income | $44,570 | $57,698 | $48,276 |
| Average House Hold Income | $57,537 | $75,023 | $63,629 |
| P C I | $27,838 | $29,196 | $24,529 |
| M D I | $38,706 | $48,105 | $41,133 |
| A T H E | $47,778 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 79.86% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
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Listing information last refreshed 1/3/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.