Watertown, MA 02472,390 Arsenal St
Watertown, MA 02472,390 Arsenal St
Watertown, MA 02472,390 Arsenal St
4
$3,965,800
$3,995,000
0.7%
Est.Price: ?

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0.51 Acres Lot

390 Arsenal St Watertown, MA 02472

Est. payment /mo
SOLD DATE : 11/22/2021

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $3,965,800

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 72847896

Year Built 1978

Annual Tax Amount $35,816

Tax Year 2020

Lot Size 0.510 Acres

Property Description

PRICE IMPROVEMENT! LONG TERM TENANT IN PLACE! $20,000/mo NNN! $240,000/year. Set it and forget it! 390 Arsenal, situated on the Watertown Greenway, in one of the fastest growing neighborhoods just outside of Boston. Located in the "Regional Mixed Use District" 390 Arsenal features 1/2 acre parcel steps to Arsenal Yards, which features over 20 retail, restaurant + shopping destinations as well as 200,000+ sq ft of office + life science space. 390 Arsenal is home to a fully licensed recreational Cannabis Dispensary that is redeveloping the property to fit its needs. 10 year lease with two 5 year options. 2% annual rent increases. Densely populated neighborhood that boasts 23,000+ in daily traffic. Inquire for additional details. Active construction site, do not approach.

Location

State MA

County Middlesex

Zoning I-1

Exterior

Utilities Available Public Water, Public Sewer

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Listed by Elevated Realty, LLC
Bought with Elevated Boston Team • Elevated Realty, LLC
agent

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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