1603 Washington St
Boston, MA 02118
1603 Washington Street · Retail Property For Sale

Marcus & Millichap is pleased to present a retail condo for sale located at 1603 Washington Street in Boston, Massachusetts. The condo totals 8,519 SF and is leased to Walgreens who has resided at the property for 20 years. Walgreens operates under a NN lease and the landlord is responsible for roof, structure, and utility supply repairs as part of the condo common area. Walgreens has six years remaining with three five-year options and a 10% rent increase in 2031. The building is also occupied by the South End Community Health Center, which occupies almost 35,000 SF, along with Flour Bakery & Café, 39 residential condo units and nine townhouse units. The property is located in the heart of Boston’s historic South End two blocks away from the Boston University School of Medicine and half a mile from Northeastern University. I-93 is one mile away from the property and provides easy access to areas north and south of the city. Boston Logan International Airport is also a ten minute drive from the property without traffic. The demographics in a five mile radius around the property are very strong with a population over 935,000 and an average annual household income over $107,000.