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Active List Price $2,460,000 MLS # 73490169 - Land

Type		# Lots	1	Lot Size	11,346SF
Zoning	CBD	Water Front	No

DEVELOPMENT OPPORTUNITY WITH EXISTING MIXED USE PROPERTY GENERATING $71K NET ANNUAL INCOME. A rare
coastal investment and development opportunity in the heart of Winthrop, Massachusetts. The mixed
use property currently consists of a cash-flowing four-unit mixed-use building with stable in-place
NOI of 71,300, combined with a Board of Appeals–approved plan to construct a new 12-unit building
with podium parking beneath — all on one site steps from the harbor and in the middle of a quaint
yet thriving downtown Winthrop. 5-10 min commute to Boston Logan Airport, quick access to the MBTA
Blue Line and ferry access to downtown Boston.

Listing Office: Leading Edge Real Estate, Listing Agent: The Bill Butler Group
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