Address: 58 Circuit Street, Boston, Massachusetts, US
Created date: April 23, 2024
Date last updated: April 24, 2024
Property Description
As exclusive agent, Avison Young is pleased to offer for sale 58 Circuit Street in the Roxbury neighborhood of Boston, Massachusetts. The prominent +/- 27,486 square foot building is currently owned and occupied by City on a Hill, a 200-student charter school serving grades 9 through 12. The school will be ceasing operations in June of 2025, presenting an outstanding opportunity for the next owner to utilize the existing improvements for a school, church, community center or similar, or conversely for a developer to re-position the property as residential apartments or condominiums
The existing improvements at 58 Circuit Street include an original three-story plus basement brick building that was constructed in 1899 and gut renovated in 2006, and a large single-story addition that was constructed in 2008. The building features nineteen classrooms, ample office space, and a large open cafeteria/gym/auditorium. On-site parking is provided by a circular driveway with 18 parking spaces, and the property is surrounded by an abundance of un-restricted on-street parking along Circuit Street.
In total, 58 Circuit Street presents an excellent opportunity for a buyer to utilize the existing improvements, or for an investor to re-imagine and re-develop the property as residential apartments or condominiums. 58 Circuit Street is being offered without an asking price and free and clear of debt. Avison Young will schedule a “Call for Offers” once qualified investors have had a proper opportunity to review the offering materials and tour the property.