1/1

$747,500

Sold
Closed
Commercial

1/1

Property Description

Opportunity to own a stand alone building in South Boston on L street. This building has 2 separate spaces; one zoned as a Cafe/to go restaurant. The other space was previously a real estate office and before that it was zoned as a barber shop. This building is Perfect for a business owner that is interested in owning the space they operate their business in. Stop paying rent! Own the building where you business resides. The cafe space is lease for $2,635 and the office space/barber shop could also rent for $2500-$2600/month. Total income around $5,200/month. The building is 660 sq/ft on a 800 sq/ft lot. Not a condo, no condo fee and potential to build up on the building.

Full Property Details

Full Property Details for 87 L

General

Sold For: $747,500
Taxes: $6,005 (2024)
Status: Closed
Type: Commercial
MLS ID: 73243552
Added to Site: 633 day(s) ago

Location

County: Suffolk

Structural Information

Square Feet: 660
Year Built: 1910

Lot Features

Lot Size (Acres): 0.02

Financial Considerations

Tax Amount: $6,005.74
Tax Year: 2024

Disclosures and Reports

Disclosures/Rstr.: Listing agent is the owner of 87 L Street LLC and has a financial interest in the building. The office space is currently vacant and was previously owner occupied. KOKO has roughly one more year on the lease and would like to renew.
Property ID: 3393869

Listed by Douglas Elliman Real Estate - Park Plaza, The Bulfinch Team and Zechariah Cook
Sold by Douglas Elliman Real Estate - Park Plaza, The Bulfinch Team

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code optional

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agents

— 87 L —

The Bulfinch Team

Douglas Elliman Real Estate - Park Plaza
Zechariah Cook

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 87 L

School District:Boston School District

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 87 L

Date

Details

Price

Change

Source

10/07/2024

Sold

$747,500

-9.83%

MLS

8/09/2024

Price Reduced

$829,000

-7.79%

MLS

5/29/2024

Listed

$899,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

38 Central Ave, Chelsea, MA 02150 - Photo 1

Just Listed

$2,500

38 Central Ave Chelsea, MA 02150

Commercial Lease
Active

44 Lafayette Ave, Chelsea, MA 02150 - Photo 1

Just Listed

$375,000

Open House

44 Lafayette Ave #408 Chelsea, MA 02150

Condo
Active
Updated 9 hours ago

2
Beds
1
Total Bath
764
Sq. Ft.

24 Tudor St, Chelsea, MA 02150 - Photo 1

Just Listed

$1,799,999

Open House

24 Tudor St Chelsea, MA 02150

Multi-Family
Active
Updated 3 days ago

3
Units
10
Total Beds
0.1
Acres

4 Canal Park, Cambridge, MA 02141 - Photo 1

Just Listed

$859,000

Open House

4 Canal Park #PH 8 Cambridge, MA 02141

Condo
Active
Updated 9 hours ago

1
Bed
1
Total Bath
775
Sq. Ft.

Listed by Alex Langkos (617) 401-1563

155 Division St, Chelsea, MA 02150 - Photo 1

Price Reduced

-$51,000 (-11.33%)

$399,000

155 Division St Chelsea, MA 02150

Commercial
Active

24 Adams St, Chelsea, MA 02150 - Photo 1

Price Reduced

-$500 (-16.67%)

$2,500

24 Adams St Chelsea, MA 02150

Commercial Lease
Active

10 Museum Way, Cambridge, MA 02141 - Photo 1

Price Reduced

-$10,000 (-0.95%)

$1,040,000

10 Museum Way #1522 Cambridge, MA 02141

Condo
Active
Updated 1 day ago

2
Beds
2
Total Baths
1,055
Sq. Ft.

863 Massachusetts Ave, Cambridge, MA 02139 - Photo 1

Price Reduced

-$50,000 (-8.35%)

$549,000

863 Massachusetts Ave #25 Cambridge, MA 02139

Condo
Active
Updated 3 days ago

1
Bed
1
Total Bath
450
Sq. Ft.

Sold

$675,000

183 L St #1 Boston, MA 02127

Condo
Closed

2
Beds
2
Total Baths
1,235
Sq. Ft.

Sold

$792,500

633 E 7th #3 Boston, MA 02127

Condo
Closed

2
Beds
2
Total Baths
980
Sq. Ft.

Sold

$680,000

159 M St #3 Boston, MA 02127

Condo
Closed

2
Beds
1
Total Bath
915
Sq. Ft.

697 East 6th, Boston, MA 02127 - Photo 1

Sold

$825,000

697 East 6th #3 Boston, MA 02127

Condo
Closed

3
Beds
2
Total Baths
1,200
Sq. Ft.

87 L, Boston, MA 02127 (MLS# 73243552) is a Commercial property that was sold at $747,500 on October 07, 2024. Want to learn more about 87 L? Do you have questions about finding other Commercial real estate for sale in Boston? You can browse all Boston real estate or contact a Coldwell Banker agent to request more information.

87 L Boston, MA 02127