130 Arsenal StWatertown, MA 02472

Property Details for 130 Arsenal St

Year built

2017

Construction

CONCRETE

Lot size

5.76 AC

Property size (Sq ft)

176,625 SF

Zone code

I-3

Property type

Investment properties

Property subtype

Live-work space

APN

WATE M:1038 B:0001 L:0002

APU

WATEM1038B0001L0002

Description

Arsenal Yards in Watertown, Massachusetts, offers exceptional executive office space within a vibrant mixed-use development. This prime location boasts 1,000,000 square feet of total building space, with 650,000 square feet currently available for lease. The property is ideally suited for businesses seeking flexible space options, with a minimum divisible space of 250,000 square feet and a maximum contiguous space of 400,000 square feet. Situated at 130 Arsenal Street, Watertown, MA 02472 (Middlesex County), this property benefits from its strategic location at the intersection of Cambridge and Boston. Arsenal Yards is a thriving community, attracting over 4.5 million visitors in 2023, thanks to its diverse offerings including retail, dining, fitness centers, entertainment venues, and ample green space. Its accessibility is unparalleled, with convenient access by car, public transportation, bike paths, and pedestrian walkways. The surrounding area features a high concentration of residential properties, life science and lab spaces, and prestigious universities, creating a dynamic and desirable environment for businesses and employees alike. This presents a unique opportunity to establish a presence in a thriving, well-connected, and highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $29,201,388

  6.5%

  $26,955,128

  7%

  $25,029,762

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,077,822

  Geo Method

  $23,077,822

• Alternative Use

  Use

  Valuation

  Residential

  $33,424,358

  Hospitality

  $30,616,532

  Educational

  $25,472,596

  Medical

  $26,348,638

  Retail

  $39,624,036

Location Insight

City

Watertown

County

Middlesex

State

Massachusetts

Latitude

42.3652

Longitude

-71.177

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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