FOR SALE // Rare brick redevelopment opportunity on East Broadway
It's not often these beautiful brick row houses hit the market, but when they do it's hard not to see the potential. 536 East Broadway is a 5-story mixed-use building that sits on one of the most desirable sections of East Broadway in South Boston, MA.
As we walked through the building last week to measure for as-built floors plans, John Riel and I found ourselves peering out the windows in the back of the building at stunning unobstructed views of Boston. We had this luxury from every floor including the small windows in the sub-basement. When I say unobstructed, I not only mean that there aren't abutting buildings in the back but there is a driveway/parking easement that essentially protects these views for the foreseeable future. As we made our way through the building, It was easy to picture yourself sipping coffee from the back deck taking in the city views from your new lavish condo. This building is full of charm and unique features including the access alleyway connecting the front and rear of the building. An old brick barrel-vault alley makes getting to and from the front and rear of the building a fun and convenient experience.
John Riel quickly moves through each room measuring and locating existing windows, doors, common spaces, and ceilings heights to confirm the square footage of the building. This is just one of the services we provide our clients as part of our marketing and sales strategy. The existing building ends nearly 40' before you reach the 2 off-street parking spots in the rear. This provides the opportunity of a substantial expansion off the back of the building to increase the livable square footage for each floor. This is where you need to start thinking like a developer.
532 East Broadway was a similar-sized building before it was converted into a 4-unit condominium building in 2015. Beautifully finished and thoughtfully laid out, this building offers a similar potential for redevelopment.
Asking price is $2,100,000 More details at www.536ebroadway.com