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15-21 School St 18,000 SF 100% Leased Office Building Quincy, MA 02169 For Sale



Executive Summary
Rare opportunity to acquire a high-density development site at 15–21 School Street, ideally located in the heart of Quincy Center just a short walk to the MBTA Red Line. Situated within the URDP zoning district, the property offers substantial by-right development potential, including the ability to build up to 16 stories (buyer to perform due diligence). The site is currently improved with two retail/commercial units and partially leased parking, providing interim income while planning and permitting future redevelopment. Ownership occupies one unit (clinic use), offering additional flexibility for a potential vacant delivery. This is a prime candidate for
a mixed-use or multifamily project in one of Greater Boston’s fastest-growing transit-oriented submarkets. Strong location fundamentals, walkability, and proximity to public transportation support long-term value and absorption.
a mixed-use or multifamily project in one of Greater Boston’s fastest-growing transit-oriented submarkets. Strong location fundamentals, walkability, and proximity to public transportation support long-term value and absorption.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
18,000 SF
Building Class
B
Year Built
1974
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,000 SF
Building FAR
1.13
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
BUSC
Parking
32 Spaces (1.78 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | QUIN-001146-000008-B000000 | Improvements Assessment | $943,800 |
| Land Assessment | $436,600 | Total Assessment | $1,380,400 |
Property Taxes
Parcel Number
QUIN-001146-000008-B000000
Land Assessment
$436,600
Improvements Assessment
$943,800
Total Assessment
$1,380,400
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15-21 School St
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