97 Union Street,Watertown, MA 02472
Watertown, MA 02472
Description
RARE WATERTOWN INVESTMENT & REDEVELOPMENT OPPORTUNITY! An exceptional opportunity to acquire a long-held property in one of Greater Boston's most desirable and ideally located communities. 97 Union Street has a long-standing history as an operating childcare and educational facility, offering an established building with off-street parking and excellent potential for continued use or its next chapter. Ideally situated in Watertown with convenient access to Boston, Cambridge, Belmont, Newton, Waltham and surrounding employment and commercial centers. The property benefits from proximity to major transportation routes, public transportation, neighborhood amenities and the Greater Boston market. The property's long-standing childcare use may present a particularly attractive opportunity for childcare, preschool, educational or similar operators seeking to establish or expand their presence in the area, subject to all applicable licensing, zoning and other requirements. The existing building also provides opportunities for renovation, repositioning and other permitted commercial uses. Investors and developers may recognize additional value in the underlying property and potential redevelopment opportunities, including possible residential or mixed-use concepts, subject to zoning, permitting and municipal approvals. Buyers are responsible for independently verifying the feasibility of any proposed use or redevelopment. Off-street parking adds value and flexibility. Whether the objective is to continue an educational or childcare use, create a future income-producing investment, establish or expand a business, reposition the existing building, or pursue a redevelopment strategy, this property presents numerous possibilities. A rare opportunity to acquire a well-located asset in Watertown and the Greater Boston market. Preference for a qualified buyer prepared to proceed with a timely transaction and quick closing. Buyers and buyer representatives must independently verify all property information, zoning, licensing, permitting, redevelopment potential and proposed uses.
Details
| MLS # | 73562186 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1999 |
| Days On Site | 10 |
| Listing Provided By | Ardent Residential Brokerage, LLC | Danny Resendes |
Features
| SQ Feet | 6,480 |
|---|---|
| Zoning | 1400 CCARE |
| Acreage | 0.30 |
Utilities
| Utilities | Public Water, Public Sewer |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|---|
| Tax Block | 0004A |
| Tax Lot | 0000 |
| Tax Year | 2026 |
| Tax Map Number | 0116 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | MA |
|---|---|
| County | Middlesex |
| City | Watertown |
| Zip Code | 02472 |
| Area | Middlesex |
| Listing VS Median (in 02472) | |
Price: $1,900,000 low | high Med: $4,200 sqft: 6,480 low | high Med: 2,290 $ / sqft: $293 low | high Med: $2 On site: 10 low | high Med: 61 | |
Market Activity 02472
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Learn More About This Property
| State | MA |
|---|---|
| County | Middlesex |
| City | Watertown |
| Zip Code | 02472 |
| Area | Middlesex |
| Listing VS Median (in 02472) | |
Price: $1,900,000 low | high Med: $4,200 sqft: 6,480 low | high Med: 2,290 $ / sqft: $293 low | high Med: $2 On site: 10 low | high Med: 61 | |
