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$3,499,000
New Listing

123 Terrace St
Boston, MA 02120

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1965
Built
County:
Suffolk
Call Now: (860) 402-5872
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(860) 402-5872
123 Terrace St123 Terrace St123 Terrace St123 Terrace St
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Be part of the Terrace St transformation. Approx. 1/4 mile to the Orange Line MBTA stop, almost 500 residential units are in the pipeline on or around the Terrace St corridor. 123 Terrace St is a 31,390 sqft lot with an existing 8500 sqft building and 10 car parking area as well as a 20x40 loading area. With Local Industrial zoning, the possibilities for commercial development are countless; light manufacturing and assembly, r&d offices/labs, wholesale, warehousing, trade shops/school, education, ATM, billiards, studios/galleries, restaurant, retail, kennel, and artist mixed use to name a few, are all Allowable. With a 2.0 FAR and the only restrictions being a 40 ft height and 20 ft setback (see article 59). Building is currently vacant, but existing business Diablo Glass School could be a well known anchor tenant and would like to remain/reopen. There is also strong interest from other potential tenants depending on buyers vision for the site. Ask broker for additional details. For a more experienced developer, the same density of other approved projects on Terrace st would be 130-140 residential units with ZBA variance.

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Listing Snapshot
Price 
$3,499,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.72 Acres
Year Built 
1965
MLS® Number 
73581870
Status 
Active
Property Tax 
$47,328
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
2 hours agoListing first seen on site
General Features
Acres 
0.72
Disclosures 
broker has ownership interest. buyer to confirm any intended allowable use ; seller makes no warranties or representations
Sewer 
Public Sewer
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
LI
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Exterior Features
Roof 
Tar/Gravel
Community Features
MLS Area 
Mission Hill
Listing courtesy of Matthew O Hara of Blair Capital, LLC



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-09-24 12:04 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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