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571 East 1st

Posted: 1/25/2023
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About 571 East 1st

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire 571 E First Street, a 2.0-acre infill industrial property offering tremendous value-add and large-scale multi-family development potential located just steps from the Seaport and minutes from downtown Boston. The property is currently improved with a single story industrial building, totaling approximately 41,000 square feet, leased short term to Greyhound Lines, Inc. Situated between Boston’s two most dynamic and desirable neighborhoods, the Seaport District and South Boston, 571 E First Street is surrounded by transformative development and offers investors a very attractive "covered-land-play" with in place cash flow and tremendous development potential.

Pricing & Process

The property is offered on an "as-is" basis and without a formal asking price. Upon receipt of a signed Confidentiality Agreement, qualified investors will be provided with access to due diligence materials via the Cushman & Wakefield website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers".