108 Water St, Watertown MA 02472

Watertown, MA 02472

$3,900,000

Est. $22,949/month

0.45

Acres

Commercial

Type

31

Days on Market

Active Listed Jun 9, 2026 • MLS# 73532588 Copied! • Updated Jun 13, 2026

Schedule Tour Contact Agent

About this home

Development site approved by Watertown Planning Board and Board of Appeals for 52 units overlooking the Charles River.Includes 9 studio units, 30 one-bedroom units, 12 two-bedroom units, and one three bedroom units.On-site parking for 27 vehicles. Steps to MBTA bus stops with services to Downtown, Copley Square, Allston/Brighton/Kenmore Sq., Harvard Sq. & Central Sq. Cambridge, Waltham, Newton, Needham, and Dedham. Planned amenities include a roof deck, elevator, indoor bicycle parking, and electric parking stations

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Open App

Scan with phone

Get the full experience in the BMN Boston app

Open App

Public Records & Permits

Log in to view assessor & tax records, ownership history, and recent building permits for this property.

Log In Sign Up Free

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Request a Free CMA

Recently Sold Nearby

Property History

Property Timeline

🏠

Listed for Sale

Jun 9, 2026

$3,900,000

Original listing

Agent: John Nealon Office: W. J. Nealon Commercial Realty, Inc.

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
06/09/2026	🏠 Listed for Sale	$3,900,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2026	$36,346	$1,584,600

Financial Details

Annual Property Tax

$36,346

Tax Year 2026

Assessed Value

$1,584,600

Facts & Features

Home Facts

Type Land

Style Commercial

Lot Size 0.45 acres

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Utilities

Electric On-site

Water Public, On-site

Sewer Public Sewer, On-site

Gas On-site

Other None

Financial

Annual Tax $36,346

Assessed Value $1,584,600

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type []

Documents None

County Middlesex

Total market time (incl. prior listings) 11 days

Property Overview

Property Type

Commercial

Listing Type

Land

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public, On-Site

Sewer: Public Sewer, On-Site

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Sloped

Road Surface: Paved

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment

$0

Principal, interest, taxes & insurance

Loan Amount

$0

After down payment

Total Interest

$0

Over life of loan

Total Cost

$0

Including down payment

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $3,029

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

Rate Impact

-0.5% Rate

$0/mo

Save $0/mo

Current Rate

$0/mo

+0.5% Rate

$0/mo

Cost $0/mo

Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

Loading map...

Neighborhood

108 Water St, Watertown MA 02472

Watertown, MA 02472

Listing Information

Listing Agent John Nealon

Listing Office W. J. Nealon Commercial Realty, Inc.

Office Phone 617-926-1110

Agent MLS ID NB112111

Office MLS ID NB2551

Listing Data Updated Jun 13, 2026 3:05 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

Schedule Tour Request Info

Ask about this property — free, no obligation.