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Commercial Real Estate For Sale
229 Kelton Street
Boston, Massachusetts 02134
229A Kelton Street is a single tenant NNN laundromat for sale in the Allston neighborhood of Boston. A laundromat has been in continual operation since 1984 as a pre-existing use. The grandfathered-in opportunity provides user-buyers a long track record of success and investors an insulated business use in a high barrier to entry market. Kelton Street Laundry recently signed a new seven year lease which investors can take advantage of a 21% rent increase in March of 2018 and 2% annual increases thereafter. This opportunity also provides user-buyers an excellent source of steady cash flow prior to taking over the space to implement their business plan.
$550,000.00
MLS#:72260039
Listing Office:Boston Realty Advisors
Listing Agent:Michael d'Hemecourt
Office Phone:(617) 375-7900
Address: 229 Kelton Street
City:Boston
State:Massachusetts
ZIP Code:02134
Property Type:Commercial/Industrial
Lot Size:0.00
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