$599,998

About this home

Excellent investment opportunity in a high-visibility East Boston location. This approximately 1,026-square-foot commercial condominium is occupied by a long-established convenience store generating $3,811 per month, or $45,732 annually. The lease includes scheduled 6% annual increases, with the next increase due June 1, 2027. The tenant is responsible for utilities and certain maintenance, repairs, and insurance expenses, subject to the lease and condominium documents.Potential future uses may include a convenience store, specialty market, professional office, salon, café, takeout establishment, or other commercial use, subject to the existing lease, zoning, condominium documents, licensing requirements, and governmental approvals. The property offers approximately 12-foot ceilings, one restroom, and approximately 960 square feet of unfinished basement/storage space with interior access. The basement is for the exclusive use of Unit C and is not included in the retail square footage.Buyer and buyer’s agent must verify all lease terms, income, expenses, square footage, zoning, permitted uses, and condominium restrictions. Documents are available to qualified buyers upon request.

Property details

MLS #

73586016

Property type

Commercial Sale

Subdivision

N/A

Status

Active

Days on market

1

On market date

October 2, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.06 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 (e.g. NC Dept. of Public Instruction, SC Report Card).