INNOVATE
Real Estate
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$649,000

71-73 Elm St, Watertown MA 02472
Watertown, MA 02472
Listed by Sean Rose
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1932

About this home

VACANT RESTAURANT FOR SALE - This free-standing former restaurant property is being sold as-is with all FF&E included. Includes a code-compliant full kitchen with venting, refrigerators, seating, and an additional basement dry storage area. The site directly abuts the Watertown Mall with close proximity to Arsenal Yards. This is your chance to start your own business and be a part of the red-hot Watertown submarket that is being redeveloped as the new life science destination and innovation corridor of greater Boston. Reach out to the listing broker via email or text/call to schedule your showing.

Property details

MLS #
73461357
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
257
On market date
December 10, 2025
Stories
N/A
Garage spaces
N/A
Lot size
0.07 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Hosmer
0.68 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
668
Student:teacher ratio
10.3:1
District
Watertown
Middle
Bigelow Middle
1.52 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
465
Student:teacher ratio
9.5:1
District
Newton
High
Lyon Upper 9-12
0.94 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
129
Student:teacher ratio
8.1:1
District
Boston

Mortgage calculator

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Est. monthly payment
$4,058/mo
$129,800 down
$519,200 loan
Principal & interest$3,368
Property tax (est.)$541
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated March 29, 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.