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804 East 7th Street

Posted: 7/26/2022
21 Units
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About

About 804 East 7th Street

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 804 E 7th. The rarely available, fully approved, residential development opportunity is located in South Boston’s most desirable neighborhood, City Point. Directly across the street from M Street beach, the property offers sweeping views of Boston Harbor and Pleasure Bay.

The proposed project consists of the conversion of the 31,995 SF former nursing home into a residential building with twenty-one residential units and twenty-one garage parking spaces. The existing 3-story structure provides great in-place bones for redevelopment.

When complete, 804 E 7th will offer future residents unparalleled access to a dynamic mix of amenities and transit options, scattered throughout South Boston and the Seaport. Furthermore, the project is poised to benefit greatly from several upcoming large-scale developments in the immediate area. An influx of both life science and commercial development will bring thousands of new employees and millions of square feet of development to the already bustling submarket.

804 E 7th is being offered for sale without a formal asking price, free and clear of existing debt. Once qualified investors have had an opportunity to review the offering materials and tour the Property, Cushman and Wakefield will schedule a formal "Call for Offers".

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