13 Main Street — Sale in Charlestown, MA

  • Price: $160K
  • Listing type: For sale
  • Asset type: Business
  • Location: Charlestown, MA 02129
  • Size: 968 SF
  • Year built: 2025

Investment Figures

Price per square foot
$165

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Jones Lang LaSalle ("JLL") has been exclusively retained to offer qualified investors the opportunity to acquire 13 Main Street (the "Property"), a newly constructed Class A multifamily asset strategically positioned in Lakeville, Massachusetts. Delivered in 2025, this development has achieved 100% occupancy since delivery, demonstrating strong market acceptance and tenant demand. The 100% market rate Property features oversized units averaging 968 square feet with an attractive unit mix comprising 75% two-bedroom apartments. The Property benefits from Lakeville's affluent demographics, including average household income exceeding $160,000 projected to grow 11.9% by 2030, and proximity to major regional employers across healthcare, education, and technology sectors. Located between Boston and Providence with Interstate 495 access, residents enjoy 45-minute connectivity to Boston and 40-minute access to Providence employment markets, enhanced by the recently opened South Coast Rail service. The South Plymouth County submarket demonstrates strong rental fundamentals with 96.1% average 5-year occupancy rate and 3.9% annual rent growth, while Class A properties command premium rents averaging $2,784. The region's diverse economic base, combined with limited new supply and growing demand from skilled professionals creates favorable supply-demand dynamics. Average monthly mortgage payments in Lakeville are currently 75% more expensive than average monthly rent at 13 Main Street, driving sustained rental demand among professionals seeking quality living options with regional connectivity.

Market Context

This commercial property in Charlestown, MA is listed for sale at $160,000 across 968 SF. The building dates to 2025. It has been on the market for 83 days. Compare it against other commercial property listings for sale in Charlestown, MA — view the full market.

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