$3,900,000
About this home
Prime redevelopment & value-add opportunity in the heart of East Boston at 59–63 Meridian St w/additional access from 82 Paris St, steps from Maverick Sq & minutes to the Jeffries Point waterfront. This three-story mixed-use asset totals approx. 15,000 SF & offers exceptional upside for developers, investors & owner-users. MU-5 zoning allows a wide range of potential uses. Conceptual redevelopment plans are in place, providing a head start while preserving flexibility to refine or expand the vision. The property delivers immediate carry income w/two leased retail storefronts on Meridian St & a leased ground-floor office suite w/private entrance at 82 Paris St—offsetting holding costs during planning. The 2nd & 3rd floors are fully vacant, creating a rare opportunity for swift repositioning, phased redevelopment or full-scale transformation. Multiple access points via elevator & stairwells offer exceptional flexibility for future layouts.
Property details
- MLS #
- 73468877
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- N/A
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.11 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 104
- Student:teacher ratio
- 10.4:1
- District
- Boston
- Enrollment
- 540
- Student:teacher ratio
- 12.3:1
- District
- Chelsea
- Enrollment
- 1,111
- Student:teacher ratio
- 12.2:1
- District
- Boston
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated January 19, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.