55 Bromfield StBoston, MA 02108

Property Details for 55 Bromfield St

Year built

1910

Lot size

0.03 AC

Property size (Sq ft)

3,856 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This ±3,856 square foot, two-story building at 55 Bromfield Street in Boston's Downtown Crossing offers a unique redevelopment opportunity. Currently housing a small retail tenant providing short-term income, the property boasts fully approved plans for a four-story mixed-use building. These plans include five residential units and ground-floor commercial space, aligning perfectly with the Midtown Cultural zoning. Situated on a 0.03-acre lot, the 1910-built structure benefits from its central location, providing unmatched access to multiple MBTA lines, a vast array of retail and entertainment options, and a strong employment base. The property presents an exceptional owner-user opportunity or a lucrative redevelopment project in a thriving Boston neighborhood, enhanced by a significant ongoing development pipeline. The building's prime location offers easy access to prestigious universities and major transportation arteries. This is a rare chance to acquire a property with approved plans in a high-demand area, promising substantial returns on investment. The existing structure provides immediate income while the approved plans offer a clear path to a significant increase in value.

Location Insight

City

Boston

County

Suffolk

State

Massachusetts

Latitude

42.357

Longitude

-71.0607

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