477-479 River St,Boston, MA 02126
Boston, MA 02126
Description
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
Details
| MLS # | 73557226 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 25 |
| Listing Provided By | Hartford Homes Realty of the Cape and Islands | Hamilton Rodrigues |
Features
| SQ Feet | 6,364 |
|---|---|
| Zoning | C |
| Acreage | 0.10 |
Utilities
| Utilities | Public Water, Public Sewer |
|---|
Taxes
| Tax Annual Amount | 35264 |
|---|---|
| Tax Year | 2025 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02126 |
| Area | Suffolk |
| Listing VS Median (in 02126) | |
Price: $4,500,000 low | high Med: $3,500 sqft: 6,364 low | high Med: 1,200 $ / sqft: $707 low | high Med: $3 On site: 25 low | high Med: 341 | |
Market Activity 02126
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Learn More About This Property
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02126 |
| Area | Suffolk |
| Listing VS Median (in 02126) | |
Price: $4,500,000 low | high Med: $3,500 sqft: 6,364 low | high Med: 1,200 $ / sqft: $707 low | high Med: $3 On site: 25 low | high Med: 341 | |
 | $1,650,000640 River StreetBoston, MA 02126 |