2 MERCANTILE ST
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Location
2 MERCANTILE ST
Mblu
02/ 23B/ 0I-C4/ /
Acct#
02-23B-0I-C4
Owner
MAYFIELD POINT LLC
Total Market Value
$2,960,600
PID
62483
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,975,400$985,200$2,960,600

Owner of Record
OwnerMAYFIELD POINT LLC
Co-Owner
Address732 EAST BROADWAY
SOUTH BOSTON, MA 02127
Sale Price$5,550,000
Certificate
Book & Page 67542/0018
Sale Date05/04/2022
Instrument1U

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MAYFIELD POINT LLC$5,550,000 67542/00181U05/04/2022
2 MERCANTILE ASSOCIA$0 62482/0237 05/28/2020

Building Information
Building 1 : Section 1
Year Built: 2021
Living Area: 14,316
Replacement Cost: $1,612,096
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$1,612,100
Building Attributes
FieldDescription
Style:Full Service Restaur
ModelCommercial
GradeVG FP STEEL
Stories:2
Occupancy1.00
Exterior Wall 1Veneer Brk/Stn
Exterior Wall 2Stucco
Roof StructureFlat
Roof CoverRubber Roofing
Interior Wall 1Drywall/Shtrk
Interior Wall 2 
Interior Floor 1Cer/Clay/Tile
Interior Floor 2Marble
Ext. Qual.EXCELLENT
Int. Qual.EXCELLENT
Bldg UseREST/CLUBS MDL-94
Bath GradeExcellent
Elevator0
Sprinkler100
1st Floor Use:3260
Heat/ACPackage Unit
Frame TypeSteel
Baths/PlumbingAbove Average
Ceiling/WallCeil & Min Wl
Rooms/PrtnsAverage
Wall Height16.00
% Comn Wall25.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
GLAGross Leasable Area 7,158 7,158
GLUGLA - Upper Story 7,158 7,158
   14,316 14,316

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code3260
DescriptionREST/CLUBS MDL-94  
ZoneBG-6
Neighborhood1
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)8604
Depth
Total Market Land$985,200

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$2,418,800$916,400$3,335,200
2024$2,069,700$916,400$2,986,100
2023$1,524,300$318,700$1,843,000

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