Offered at $850,000Active

beds: —
baths: —
sq ft: —
Built: —

645 River St

About this home

Exceptional redevelopment opportunity at 645 River Street in Boston’s Hyde Park neighborhood. Approved plans call for replacing the existing grocery store with a new three-story, mixed-use building featuring approximately 1,546 square feet of first-floor commercial space designed for a self-service laundromat, plus four two-bedroom residences across the upper two floors. This thoughtfully designed project offers investors and developers the potential for both commercial and residential rental income. A visible location with convenient access to public transportation and neighborhood amenities makes this an exciting opportunity to bring modern housing and commercial space to an established Boston community.

Listing last checked: October 30, 2026 at 6:26 PM EDTListing updated: October 19, 2026 at 3:05 AM EDT

Listed by Anne Galvin · Coldwell Banker Realty - Dorchester · MLS #73591406

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Details at a glance

Interior1 property facts

Basement: Not reported

Building1 property facts

Style: Commercial

Land & utilities5 property facts

Lot size: 0.08 acres
Water: Public
Sewer: Public Sewer
Pool: Not reported
Zoning: C

Financial2 property facts

Annual taxes: $4,125
Assessment year: 2026

Location

Estimated monthly cost

Explore costs at the $850,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,642 / monthAdjust

Down payment (%)Interest rate (%)Loan termMonthly property tax ($)Monthly insurance ($)Monthly HOA ($)

Principal & interest: $4,298
Property tax: $344
Insurance: Not entered
HOA: Not entered

Listing annual taxes: $4,125. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

Ter
$850,000 · Nov 26, 2024
Exp
$349,900 · Aug 22, 2006

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About 645 River St

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Bean Group · eXp Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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