$4,500,000
477-479 River St
Boston, MA, 02126
Rare investment and redevelopment opportunity in a highly visible, transit-oriented location. Situated directly across from the Mattapan commuter rail station, this property benefits from exceptional accessibility, strong pedestrian activity, and convenient connections to Downtown Boston and surrounding neighborhoods. The property includes an impressive package of operating licenses, including a Full 2:00 AM Liquor License, Entertainment License, Restaurant License, and Function Hall License, offering immediate value for operators, investors, and hospitality groups seeking a turnkey opportunity.From a development perspective, the property presents significant potential for builders and developers looking to capitalize on continued investment throughout the Boston market. Its transit-accessible location and commercial positioning make it an attractive candidate for redevelopment, repositioning, mixed-use concepts, or value-add improvements, subject to zoning, permitting, and municipal approvals. Boston’s zoning framework encourages thoughtful land use and development that supports transportation access, economic activity, and neighborhood growth.Land Use & Development Highlights: 1.Prominent commercial corridor location. 2.Transit-oriented site directly across from the train station 3.Potential redevelopment and density upside, subject to buyer due diligence and City of Boston approvals. 4.Opportunity to create additional value through expansion, modernization, or alternative commercial uses 5.Strong long-term potential to contribute to local job creation, business growth, and neighborhood economic development. Nearby Amenities & Attractions-Mattapan commuter rail/transit station directly across the street. 1.Close proximity to Mattapan Square retail, restaurants, banks, and neighborhood services. 2.Convenient access to major Boston roadways and surrounding neighborhoods including Dorchester, Hyde Park, Milton, and Roslindale. 3.Near parks, recreational areas, and the Neponset River corridor. 4.Located within a densely populated residential market that supports retail, restaurant, entertainment, and event-based businesses.This is a unique opportunity to acquire a licensed commercial asset with immediate operational potential and compelling future redevelopment possibilities in one of Boston’s evolving transit-served corridors. Buyers are encouraged to verify all zoning, land-use, and development opportunities
Property Details
Price:
$4,500,000
MLS #:
73557226
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Jul 30, 2026
Finished Sq Ft:
6,364
Total Sq Ft:
6,364
Lot Size:
4,437 sqft / 0.10 acres (approx)
Year Built:
1920
Schools
Interior
Exterior
Financial
Tax Year
2025
Taxes
$35,264
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Commercial in Boston as of Nov 08, 2026
118
Commercial Listed
303
Avg DOM
607
Avg $ / SqFt
$2,227,569
Avg List Price
Community
- Address477-479 River St Boston MA
- CityBoston
- CountySuffolk
- Zip Code02126
Subdivisions in Boston
- Adams Village
- Ashmont Hill
- Ashmont Hill / Carruth Area
- Ashmont Hill / Peabody Square
- Beacon Hill
- Bellevue Hill
- Boston
- Central JP
- Charlestown
- Clam Point
- Doctor’s Row
- Dorchester
- East Boston
- Fairmount Hill
- Fairmount Hill
- Forest Hills
- Fort Hill Highland Park
- George Wright Golf Course Neighborhood
- Highland
- Holy Name Parish neighborhood
- Hyde Park
- Jeffries Point
- Ledgewood Road
- Lower Allston
- Lower Mills
- Lower Mills and East Milton Square
- Melville Park
- Moss Hill
- Nubian Square
- Oak Square
- Oak Square Brighton/Newton Liine
- Orient Heights
- Over The Bridge – Savin Hill
- Peak Hill Neighborhood
- Peter’s Hill
- Pondside
- Pondside Jamaica Plain
- Readville
- Roslindale
- Roxbury
- Savin Hill OTB
- Savin Hill/JFK
- South Boston
- Thompson Square
- Truman Parkway/ Monahan Park
- Ward 20
- Well Respected Hyde Park Neighborhood Area of Boston.
- West Roxbury
- Woodbourne
Similar Listings Nearby
Property Summary
- 477-479 River St Boston MA is a Commercial for sale in Boston, MA, 02126. It is listed for $4,500,000 To schedule a showing of MLS#73557226 at 477-479 River St in Boston, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Triple 7 Real Estate, Inc.. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
477-479 River St
Boston, MA





























