WATERTOWN, MA–A prominent mixed-use apartment complex overlooking the Charles River in Watertown, MA is headed to public auction, offering investors a rare opportunity to acquire a large, income-producing property just west of Boston and Cambridge.
Located at 330–350 Pleasant Street, the development includes two three-story buildings connected by a skybridge, featuring a total of 99 residential units and approximately 17,941 square feet of ground-level retail and office space, according to the auction notice.
A Riverfront Site with Strong Mixed-Use Appeal
Situated along the Charles River Greenway, the 2.3-acre site offers a mix of one-, two-, and three-bedroom apartments, with current occupancy at 88%. The residential complex includes a range of amenities such as a fitness center, landscaped courtyard, rooftop terrace, and both open and covered parking with electric vehicle charging stations. Each apartment is equipped with in-unit washer and dryer.
At the street level, the property’s four retail spaces are leased, anchored by a mix of local and regional tenants — including two restaurants, a grocery store, and a cannabis dispensary.
Auction Details
The on-site auction will be held on Wednesday, December 10, at 11:00 a.m. Interested bidders must bring a $250,000 deposit by certified check, payable to the mortgagee and acceptable to its agent at the time and place of sale. Additional deposits and the balance due will follow the Mortgagee’s Notice of Sale.
Investors and potential buyers can obtain the full property information package by visiting www.PaulMcInnis.com.
The sale presents a significant opportunity in a highly desirable riverfront location, combining strong residential demand with stable commercial tenancy. With its proximity to major employment centers in Boston, Cambridge, and Watertown, the Pleasant Street property is expected to attract considerable interest from developers and institutional investors alike.
For complete terms and auction details, refer to the official Mortgagee’s Notice of Sale or visit www.PaulMcInnis.com.
