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$7,000,000
Est. payment /mo
0.27 Acres Lot
UPDATED:
08/30/2024 07:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73281766
HOA Y/N false
Year Built 1969
Annual Tax Amount $46,419
Tax Year 2024
Lot Size 0.270 Acres
Acres 0.27
Property Description
258-270 K street is an exceptionally rare corner lot development opportunity with multiple curb cuts in the heart of South Boston. 258-266 K street is formally the site of the beloved Joseph's Bakery and consists of 3700 usable sf + basement on a 5368 sf lot. 268-270 K street, the adjacent building is a 3228 sf well maintained 2-family on a 6603 sf lot. Additionally, this parcel has 10 gated parking spaces, an extreme rarity in Southie! The sale of the 2 parcels would give the buyer a combined 11,971 sf lot. Located in the South Boston Neighborhood MFR zoning district, there is a wide array of allowed & conditional uses for redevelopment. With approval, highest & best use is expected to be a fully residential conversion or a mixed use retail/residential conversion. The multifamily residential subdistrict dimensional regulations including FAR, frontage, building height, etc. can be found in article 68 table D on the Boston planning and development agency website.
Location
State MA
County Suffolk
Area South Boston
Zoning C & R2
Direction Corner of K Street and East Fourth Street
Exterior
Utilities Available Public Water, Public Sewer
Waterfront false
Roof Type Rubber
Total Parking Spaces 10
Others
Senior Community false
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Listed by Leading Edge Real Estate
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Jim Armstrong
Team Leader/Broker Associate | License ID: 9074205
Team Leader/Broker Associate License ID: 9074205