859-863 Washington Street Boston MA 02124 MLS #73414217

859-863 Washington Street
Boston, MA, 02124
$1,550,000
Beds
0 Baths
3,465 SqFt
0.2 Acres
$1,550,000
859-863 Washington Street
Boston, MA, 02124
Fantastic investment opportunity ideally located on busy Washington Street in Dorchester. This 3,465 sqft commercial building sits on an 8,752 sqft lot of land and features ample on-site parking behind the building. The building consists of two commercial spaces currently leased to a liquor store and a pizza shop. Each commercial space also features a full basement. The liquor store lease runs through 11/30/2033 with rent increases every two years. Current liquor store rent is $6,600/month and increases to $6,900/month on 12/1/2025. The pizza shop is tenant at will and currently pays $2,100/month, which will increase to $2,200/month on 10/1/2025. Gross income of $109,200 is based on combined rents as of 12/1/2025. Roof approximately 12 years old. Large 8,752 sqft lot of land could offer future redevelopment potential. Seller and seller’s agent make no representations as to the potential development of the site. Buyer and/or buyer’s agent to conduct their own due diligence.

Property Details

Price:
$1,550,000
MLS #:
73414217
Status:
Active
Beds:
0
Baths:
0
Address:
859-863 Washington Street
Type:
Commercial
Neighborhood:
Dorchester
City:
Boston
Listed Date:
Aug 6, 2025
State:
MA
Finished Sq Ft:
3,465
Total Sq Ft:
3,465
ZIP:
02124
Lot Size:
8,752 sqft / 0.20 acres (approx)
Year Built:
1925

Schools

Interior

Exterior

Parking Spots
10

Financial

Net Operating Income
$91,454
Tax Year
2025
Taxes
$13,471
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Marie Andrews

Marie Andrews

Realtor®, 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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859-863 Washington Street
Boston, MA