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6,364 sqft

$4,500,000

477-479 River St, Boston MA, 02126

Price per sqft$707.10
Built in1920
Property size6,364 sqft
Property typeCommercial

Overview

Active

Listed Jul 30, 2026

Updated 4 weeks ago

Rare investment and redevelopment opportunity in a highly visible, transit-oriented location. Situated directly across from the Mattapan commuter rail station, this property benefits from exceptional accessibility, strong pedestrian activity, and convenient connections to Downtown Boston and surrounding neighborhoods. The property includes an impressive package of operating licenses, including a Full 2:00 AM Liquor License, Entertainment License, Restaurant License, and Function Hall License, offering immediate value for operators, investors, and hospitality groups seeking a turnkey opportunity.From a development perspective, the property presents significant potential for builders and developers looking to capitalize on continued investment throughout the Boston market. Its transit-accessible location and commercial positioning make it an attractive candidate for redevelopment, repositioning, mixed-use concepts, or value-add improvements, subject to zoning, permitting, and municipal approvals. Boston's zoning framework encourages thoughtful land use and development that supports transportation access, economic activity, and neighborhood growth.Land Use & Development Highlights: 1.Prominent commercial corridor location. 2.Transit-oriented site directly across from the train station 3.Potential redevelopment and density upside, subject to buyer due diligence and City of Boston approvals. 4.Opportunity to create additional value through expansion, modernization, or alternative commercial uses 5.Strong long-term potential to contribute to local job creation, business growth, and neighborhood economic development. Nearby Amenities & Attractions-Mattapan commuter rail/transit station directly across the street. 1.Close proximity to Mattapan Square retail, restaurants, banks, and neighborhood services. 2.Convenient access to major Boston roadways and surrounding neighborhoods including Dorchester, Hyde Park, Milton, and Roslindale. 3.Near parks, recreational areas, and the Neponset River corridor. 4.Located within a densely populated residential market that supports retail, restaurant, entertainment, and event-based businesses.This is a unique opportunity to acquire a licensed commercial asset with immediate operational potential and compelling future redevelopment possibilities in one of Boston's evolving transit-served corridors. Buyers are encouraged to verify all zoning, land-use, and development opportunities

Additional information

MLS® ID
73557226

Interior Features

Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$35,264
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Hamilton Rodrigues with Hartford Homes Realty of Boston

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Data last updated 4:49 AM UTC, 9/4/2026

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