For Sale
$5,000,000

120 Shirley St Winthrop, MA 02152

Prime Winthrop location, multi-use potential.

Overview

Added:
Dec 26, 2024
Days on market:
113
This exceptional redevelopment opportunity encompasses two Winthrop, MA properties at 120 Shirley St & 8 Crescent St, totaling 24,551 square feet (lot size not specified in acres). Located in the desirable Business District A zoning, this site presents a unique chance for various developments, including market-rate apartments, assisted living facilities, 55+ condominiums, or an owner-user operation such as an auto repair facility. The properties, owned by the same entity since 1993, offer significant potential for investors seeking a prime location. Situated at the corner of Shirley St and Veterans Rd, the site enjoys convenient proximity to Winthrop High School (0.1 miles), Winthrop Beach (0.3 miles), and Winthrop Country Club (0.3 miles). Its strategic location, just 6.1 miles from downtown Boston and 1.6 miles from the East Boston Orient Heights Blue Line Station, provides excellent access to the city and public transportation. The sale includes both parcels, presenting a substantial development opportunity in a thriving community with a population of 17,769. Further details are available upon request.

Highlights

  • 5-million dollar redevelopment project in Winthrop, MA.
  • Located in Business District A zoning, ideal for multifamily development.
  • 0.1 miles from Winthrop High School; close to beach and country club.

Property Details for 120 Shirley St

Sale Condition
redevelopment-project
Property type
Industrial properties
Investment Type
redevelopment
Square Feet
5,732 SF
Price / Square Foot
$872.30
Class
A
Buildings
1
Stories
1
Elevators
N/A

Location Insight

City
Winthrop
County
State
Massachusetts

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FAQs

What type of property is this?
Industrial property - Prime Winthrop location, multi-use potential.
Where is the industrial property located?
The property is located at 120 Shirley St Winthrop, MA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 5-million dollar redevelopment project in Winthrop, MA.; Located in Business District A zoning, ideal for multifamily development.; 0.1 miles from Winthrop High School; close to beach and country club.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Brad Carlson
Visit Broker Website

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Useful Information

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120 Shirley St
Winthrop, MA 02152

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120 Shirley St
Winthrop, MA 02152

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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120 Shirley St
  • Brad Carlson
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(781) 334-8044

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