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59-63 Meridian St, Boston MA 02128

Boston, MA 02128
$3,900,000
Est. $23,354/month
0.11
Acres
1910
Year Built
46 minutes
Time on Market
Active Listed Jan 15, 2026 • MLS# 73468877 Copied!

About this home

Prime redevelopment & value-add opportunity in the heart of East Boston at 59–63 Meridian St w/additional access from 82 Paris St, steps from Maverick Sq & minutes to the Jeffries Point waterfront. This three-story mixed-use asset totals approx. 15,000 SF & offers exceptional upside for developers, investors & owner-users. MU-5 zoning allows a wide range of potential uses. Conceptual redevelopment plans are in place, providing a head start while preserving flexibility to refine or expand the vision. The property delivers immediate carry income w/two leased retail storefronts on Meridian St & a leased ground-floor office suite w/private entrance at 82 Paris St—offsetting holding costs during planning. The 2nd & 3rd floors are fully vacant, creating a rare opportunity for swift repositioning, phased redevelopment or full-scale transformation. Multiple access points via elevator & stairwells offer exceptional flexibility for future layouts.

Property Overview

Listing Type
Commercial Sale
Year Built
1910

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1910
Lot Size 0.11 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $41,201

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

59-63 Meridian St, Boston MA 02128

Boston, MA 02128

Walkability

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Nearby Schools

School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
1.8% below state avg
E

Elementary Schools

10 schools
B+
Alighieri Dante Montessori School
< 0.1 mi | #5 of 12 | Score: 45.3
Improved 124 spots from last year
-12.9 below state avg
109 students Diverse
Rising School
Grades PK-06
East Boston Central Catholic School
< 0.1 mi
Grades PK-08
D
McKay K-8 School
0.3 mi | #332 of 352 | Score: 27.6
Dropped 36 spots from last year
-30.7 below state avg
640 students Less Diverse
Grades PK-08
C-
Kennedy Patrick J Elementary School
0.3 mi | #670 of 824 | Score: 37.5
Improved 47 spots from last year
-20.7 below state avg
279 students Less Diverse
Rising School
Grades PK-06
C+
Otis Elementary School
0.3 mi | #551 of 824 | Score: 42.9
Dropped 160 spots from last year
-15.3 below state avg
408 students Moderate
Grades PK-06
D
O'Donnell Elementary School
0.4 mi | #777 of 824 | Score: 30.7
Dropped 52 spots from last year
-27.5 below state avg
256 students Less Diverse
Grades PK-06
C+
Mario Umana Academy
0.5 mi | #11 of 16 | Score: 26.9
Improved 333 spots from last year
-31.3 below state avg
634 students Less Diverse
Rising School
Grades PK-08
D
Adams Elementary School
0.5 mi | #767 of 824 | Score: 31.2
Dropped 88 spots from last year
-27 below state avg
237 students Moderate
Grades PK-06
A
Eliot K-8 Innovation School
0.9 mi | #48 of 352 | Score: 57.2
Improved 2 spots from last year
-1.1 below state avg
784 students Diverse
Strong Attendance
Grades PK-08
St. John Elementary School
0.9 mi
Grades PK-08
M

Middle Schools

10 schools
Middle School Academy
2.7 mi
F
Higginson/Lewis K-8 School
4.3 mi | #349 of 352 | Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students Diverse
Grades 03-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
4.5 mi | #4 of 16 | Score: 41.9
Improved 187 spots from last year
-16.3 below state avg
1,126 students Diverse
Rising School College Ready Curriculum
Grades 05-08
Nativity Prep School
4.7 mi
Grades 05-08
Dearborn Middle School
4.9 mi
Mother Caroline Academy
5.0 mi
Grades 05-08
Epiphany School
5.6 mi
Grades 05-08
C
Ohrenberger School
9.5 mi | #265 of 352 | Score: 34.9
Improved 20 spots from last year
-23.3 below state avg
477 students Diverse
Rising School Diverse Student Body
Grades 03-08
Edwards Middle
1.5 mi
UP Academy
2.7 mi
H

High Schools

10 schools
C-
East Boston High School
0.7 mi | #305 of 346 | Score: 37.3
Improved 31 spots from last year
-20.9 below state avg
1,252 students Less Diverse
14 sports • 584 athletes
Early College Program Rising School
Grades 07-12
D
Charlestown High School
1.3 mi | #322 of 346 | Score: 31.0
Improved 49 spots from last year
-27.2 below state avg
754 students Diverse
11 sports • 488 athletes
Early College Program Rising School
Grades 07-12
C
Quincy Upper School
2.1 mi | #268 of 346 | Score: 44.6
Improved 4 spots from last year
-13.6 below state avg
557 students Very Diverse
12 sports • 208 athletes
High Graduation Rate Diverse Student Body
Grades 06-12
Newman School
2.6 mi
Grades 07-12
Cathedral High School
2.6 mi
9 sports • 430 athletes
Grades 07-12
C
Ruth Batson Academy
3.7 mi | #19 of 25 | Score: 27.6
Improved 346 spots from last year
-30.6 below state avg
604 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
B
Dearborn STEM Academy
3.8 mi | #13 of 25 | Score: 31.7
Improved 356 spots from last year
-26.6 below state avg
565 students Diverse
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
A-
O'Bryant School of Math & Science
3.8 mi | #90 of 346 | Score: 61.1
Improved 94 spots from last year
+2.9 above state avg
1,509 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
A+
Boston Latin School
4.0 mi | #19 of 346 | Score: 73.3
Improved 61 spots from last year
+15.1 above state avg
2,424 students Very Diverse
18 sports • 2,006 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
A+
Boston Latin Academy
4.5 mi | #2 of 25 | Score: 63.9
Improved 214 spots from last year
+5.7 above state avg
1,693 students Very Diverse
17 sports • 1,298 athletes
High Graduation Rate Rising School Strong Athletics Diverse Student Body
Grades 07-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $3,433
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jan 15, 2026
$3,900,000
Original listing
Agent: Alissa Charles Office: Centre Realty Group

Price & Status History

Date Event Price Change
Jan 15, 2026 New Listing Added $3,900,000
Dec 20, 2025 Sold $30

Market Statistics

Time on Market
46 minutes
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $41,201

Financial Details

Annual Property Tax
$41,201
Tax Year 2025

Listing Information

Listing Agent Alissa Charles
Listing Office Centre Realty Group
Agent MLS ID CN211596
Office MLS ID BB5200
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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