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$ 1,900,000
Est. payment | /mo
6,480 SqFt
$ 1,900,000
Est. payment | /mo
6,480 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,480 sqft
Price per Sqft $293
MLS Listing ID 73562186
HOA Y/N false
Year Built 1999
Tax Year 2026
Lot Size 0.300 Acres
Acres 0.3
Property Description
RARE WATERTOWN INVESTMENT & REDEVELOPMENT OPPORTUNITY! An exceptional opportunity to acquire a long-held property in one of Greater Boston's most desirable and ideally located communities. 97 Union Street has a long-standing history as an operating childcare and educational facility, offering an established building with off-street parking and excellent potential for continued use or its next chapter. Ideally situated in Watertown with convenient access to Boston, Cambridge, Belmont, Newton, Waltham and surrounding employment and commercial centers. The property benefits from proximity to major transportation routes, public transportation, neighborhood amenities and the Greater Boston market. The property's long-standing childcare use may present a particularly attractive opportunity for childcare, preschool, educational or similar operators seeking to establish or expand their presence in the area, subject to all applicable licensing, zoning and other requirements. The existing building also provides opportunities for renovation, repositioning and other permitted commercial uses. Investors and developers may recognize additional value in the underlying property and potential redevelopment opportunities, including possible residential or mixed-use concepts, subject to zoning, permitting and municipal approvals. Buyers are responsible for independently verifying the feasibility of any proposed use or redevelopment. Off-street parking adds value and flexibility. Whether the objective is to continue an educational or childcare use, create a future income-producing investment, establish or expand a business, reposition the existing building, or pursue a redevelopment strategy, this property presents numerous possibilities. A rare opportunity to acquire a well-located asset in Watertown and the Greater Boston market. Preference for a qualified buyer prepared to proceed with a timely transaction and quick closing. Buyers and buyer representatives must independently verify all property information, zoning, licensing, permitting, redevelopment potential and proposed uses.
Location
State MA
County Middlesex
Zoning 1400 CCARE
Direction Main Street (Route 20) to Waverley Avenue, then to Union Street.
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Virtual Tour https://real.vision/my/97-union-street/tour
Listed by Ardent Residential Brokerage, LLC
NEARBY SCHOOLS & PROPERTIES