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Fenway Land for Sale

Fenway Land for Sale

Are you interested in buying land in Boston’s Fenway neighborhood? If so, you’re not alone. As one of the city’s burgeoning life science hotspots, Fenway real estate is hotter than ever. A quick search of the MLS typically reveals little to nothing in terms of land listings in Fenway, but that doesn’t mean none are available. Boston City Properties, a Boston commercial real estate leader, has insider access to land listings that never appear publicly. Just tell us the goals you have in mind for Fenway land, and we’ll help you find what you need.

Land in Fenway is a Good Investment

Fenway has been ground-zero for some of the city’s best commercial real estate for many years. Office space has traditionally dominated the local submarket. As of the fourth quarter of 2020, the neighborhood had more than 2.7 million square feet across 23 buildings – and the vacancy rate was just 5.9%. For the same period, there were roughly 485,000 square feet of lab space. That’s about to change as several major life science developments are currently underway. At the very start of 2021, 401 Park Street was acquired for $1.5 billion – the largest such acquisition in Boston history. By purchasing land in Fenway, you can’t go wrong.

Avoid Pitfalls when Buying Land

People often assume that buying land is way easier than buying improved real estate. That’s true in some regards, but there are plenty of pitfalls that can strip away any potential profits from such deals. From zoning requirements to easement restrictions, lots of issues can crop up along the way. Avoid them by connecting with Boston City Properties for Fenway land sales. Our agents understand the intricacies of buying land in a competitive market like Fenway’s, ensuring the smoothest and easiest experience possible.

Development Opportunities Ensure Lots of Interest

Land in Fenway can be developed in any number of ways to return a tidy profit for its owners. Life science space is especially in demand, so acquiring land that can be developed in such a way can be a goldmine. Realistically, many parcels of land can be developed into hotels, multifamily housing, retail or just about anything else imaginable. The trick is acquiring land that is already correctly zoned – or that can feasibly be rezoned – and that otherwise has the right characteristics. Boston City Properties can help you identify prime opportunities in Fenway.

Off-Market Fenway Land Listings

If you search the MLS for land for sale in Fenway, you’re apt to be disappointed. It will probably look like nothing is available. In reality, though, there’s usually plenty of land up for grabs – it just isn’t advertised publicly. Boston City Properties has off-market listings for land for sale in Fenway, and we can present you with options that will help you realize your investment goals. Our brokers have in-depth knowledge of the neighborhood and its offerings, and that knowledge will be a significant weapon in your arsenal.

Connect with Boston City Properties for Land in Fenway

Boston City Properties is here to help you hit the ground running with your land-buying ventures in Fenway. Whatever your goals for the property may be, our team can help you identify opportunities that align perfectly with them. Our brokers know about land for sale that’s not on the MLS, and they can guide you through the process of vetting and acquiring what you need. Fenway real estate is white-hot and only getting hotter, so the time to act is now. For more information, contact Boston City Properties today.