'); Colliers International | Properties | The South Boston Gateway

The South Boston Gateway

18 West Third Boston, MA

  • 30,000 Square Feet
  • Multifamily-Apartment Land
  • For Sale

Summary Description

On behalf of P&G, Colliers is pleased to offer for sale 18 West Third Street and a parcel of land on Bolton Street, herein referred to as the South Boston Gateway (the “Gateway” or “Portfolio”), a Portfolio comprised of one building totaling 31,635 square feet and a 0.26 acre parking lot. The Gateway’s prominent transit-oriented address is located on A Street, which serves as the primary thoroughfare between South Boston and the Seaport District. Just steps from the Fort Point Channel, home of the new General Electric global headquarters, and a booming residential market in South Boston, the offering provides investors the opportunity to acquire the Portfolio with an excellent long-term market outlook and significant flexibility in future uses.
The Gateway, historically a research and development laboratory for Gillette, offers highly efficient lab or office space with minimal hallways and excellent ceiling heights and in-place infrastructure to support the lab uses. The building, with three sides of windows, lays out exceptionally well for a multi-family use as well. The parking lot, currently configured for 32 spaces presents the opportunity to either service the building’s parking needs directly, or add additional density through development. As a result, the Gateway offers investors the chance to define the spatial relationship between the Seaport and South Boston.

Lot Size: 23000 Square Feet

Building Size: 30000 Square Feet

Area Available: 30,000 Square Feet

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