62 Alford StBoston, MA 02129

  • Manufacturing properties
  • 20,481 SF

Property Details for 62 Alford St

Year built
1910
Construction
BRICK
Lot size
0.34 AC
Property size (Sq ft)
20,481 SF
Zone code
I
Property type
Manufacturing properties
APN
CHAR W:02 P:01838 S:000
APU
CHARW02P01838S000

Description

This exceptional 25,000-square-foot industrial building in Boston's Charlestown neighborhood presents a compelling investment opportunity. Situated on a 14,700-square-foot lot, this three-story structure, built in 1900, boasts two loading docks and a 24-foot clear height in the warehouse area. The property features industrial-grade utility service and steam boiler heating, making it fully equipped for industrial operations. Its location at the Sullivan Square rotary provides convenient access to major roadways, including Routes 93, 1, and 99 in Everett, as well as the MBTA Orange Line's Sullivan Square station. The property benefits from grandfathered industrial zoning and recently upgraded overlay zoning for redevelopment, enhancing its potential. Its prime location near significant developments, such as Encore Casino and the Hood Park mixed-use/life science development, positions it for substantial future growth. This property offers significant redevelopment potential within a high-growth area, making it an attractive option for industrial end-users or investors seeking a prime location in Charlestown, Massachusetts. The property's address is 62 Alford St, Boston, MA 02129.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,875,806
    Hospitality
    $3,550,218
    Educational
    $2,953,740
    Medical
    $3,055,323
    Retail
    $4,594,706

Location Insight

City
Charlestown
County
Suffolk
State
Massachusetts
Latitude
42.3866
Longitude
-71.0733
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$61,335
$624,300
$1,802,900
$2,427,200
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