$1,700,000

About this home

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.

Property details

MLS

MLS Property Information Network

MLS #

73562186

Property type

Commercial Sale

Subdivision

N/A

Status

Active

Days on market

76

On market date

August 11, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.3 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.