6 Livingstone Street

$4,299,000, 15,827 Sqft .38 Acres

About This Property

Rare chance to own a well-known corner commercial building with 3 high-performing retail storefronts and an Adult Day Care. This area is highly-trafficked, quickly developing and accessible. The lot encompasses 16,544sqft and the total area of the building is a staggering 21,544sqft. There's also an adjacent & vacant 10,000sqft lot on 74-78 Ashton Street that is available at $799,000 | MLS ID:72479878. Property receives just over $255,000 /year in gross income and owner pays 25% of RE taxes and 25% of 1 tenant's insurance. Bon Appetit leases at $4200/month NNN, Greek Pizza recently signed a 5 year lease at $2500/month NNN, Hair City's lease ends 2020 with an 8 year renew option at $6700/month NNN, currently paying $6050/month NNN. The Adult Day Care is within a 2013-2023 lease at $8733.33/month and will pay $9566/month in 2021. The renew option is $12,000/month between 2023-2027 - landlord pays for water. Great opportunity for a healthy ROI and possible developments in the future.

Essential Information

MLS® #72470861
Price$4,299,000
Square Footage15,827
Acres0.38
TypeCommercial / Industrial
Sub-TypeCommercial
StatusActive

Community Information

Address6 Livingstone Street
CityBoston
CountySuffolk
StateMA
Zip Code02124

Listing Details

AgentTerrance Moreau
OfficeThe Galvin Group, LLC

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