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Commercial Sale at 71-73 Elm St, Watertown MA 02472, Watertown
Commercial Sale at 71-73 Elm St, Watertown MA 02472, Watertown, photo 2 of 5
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5 photos

$675,000

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

RARE RESTAURANT BUILDING FOR SALE - This free-standing 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 #
73580699
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
2
On market date
September 22, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking 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

Walkability

Blended score for Watertown's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

90
Highly walkable
out of 100
EPA National Walkability Index
16.7 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores16
Parks20
Schools20
Transit stops20
Pharmacies9

Market position

How this listing compares to current activity in Watertown, from live MLS data.

On the market 2 days -- 73 fewer days than Watertown's current average of 75 days.
For reference, the median list price across 313 active listings in Watertown right now is $4,800.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,215/mo
$135,000 down
$540,000 loan
Principal & interest$3,502
Property tax (est.)$563
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 days ago.

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.