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Executive Summary
Unique opportunity to acquire a well-maintained stand-alone commercial building in an affluent, high-demand area with convenient access to a major highway. Family owned for generations, the property reflects true pride of ownership and has been carefully maintained with numerous updates over the years. The building is currently leased to a long-standing tenant operating a children’s daycare, providing immediate income potential for investors. Features include off-street parking and an accessible basement offering valuable storage space. The versatile layout makes this property well suited for continued daycare use, professional office, medical, or retail in the future. Stand-alone commercial buildings in this established location are seldom available, making this a unique opportunity for investors or owner-users seeking a quality property in a strong market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,201 SF
Building Class
C
Year Built
1948
Price
$425,000
Price Per SF
$193.09
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
BG-3
Parking
2 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
64’ on Boylston St
Amenities
- Bus Line
- Signage
Walk Score®
Very Walkable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | WORC-000013-000021-000003 | Improvements Assessment | $152,400 |
| Land Assessment | $147,700 | Total Assessment | $300,100 |
Property Taxes
Parcel Number
WORC-000013-000021-000003
Land Assessment
$147,700
Improvements Assessment
$152,400
Total Assessment
$300,100
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118 W Boylston St
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