477-479 River St Boston MA 02126 MLS #73557226

477-479 River St
Boston, MA, 02126
$4,500,000
Beds
0 Baths
6,364 SqFt
0.1 Acres
$4,500,000
477-479 River St
Boston, MA, 02126
MLS #73557226 image #0
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
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

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…

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Current real estate data for Commercial in Boston as of Jul 31, 2026
115
Commercial Listed
299
Avg DOM
619
Avg $ / SqFt
$2,099,666
Avg List Price

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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.
477-479 River St
Boston, MA