July
2010
Great Redevelopment Opportunity-South End!
by Evan, Boston 
140-148 East Berkeley Street
Boston, MA : South End 02118
$13,000,000
In 1932, this property was built and used as a four level parking garage with a basement and two elevators that were being used to move cars from floor to floor. There are two street level garage doors that enter into the building as well. Right now this building is being used for simply storage, but is waiting for redevelopment. There is 40,000 sq. ft. of space available in this warehouse! Could be a real interesting project. All bids are due by July 23rd, so if you’d like to take a tour let us know! Perfect for conversion to lofts or luxury rentals. Developers are looking for shells as they present the best opportunities to make profit in a recessionary economy where construction costs still remain high. Contact Epapa27@yahoo.com for a walk through.
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Very interesting opportunity wonder what the true value of a building like this is for a developer converting to residential condo or rental – thoughts?