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232 Old Colony Ave
South Boston, MA 02127
Multifamily Property For Sale · 24 Units

Executive Summary

Rare opportunity to acquire a prime commercial condo in one of Boston’s fastest-growing neighborhoods. This highly visible street-level space is currently run as gourmet deli, bar, and liquor store concept. It is positioned in a vibrant mixed-use area benefiting from continued residential and commercial development. The retail property offers an attractive layout with strong frontage, excellent foot traffic, and flexible potential for a variety of retail, restaurant, hospitality, or service-oriented uses.
Located in a thriving urban corridor with strong demographics and consistent pedestrian activity, this is an exceptional opportunity for an owner-user, investor, or operator seeking a long-term presence in the Boston market. The surrounding neighborhood continues to experience significant growth and redevelopment, creating substantial upside potential for future appreciation and business activity.
Opportunities to acquire commercial real estate in this location are exceedingly rare. Email for additional details.
$2,500,000 (For the Real Estate)

Property Facts

Price Per Unit $104,167
Sale Type Investment
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.21 AC
Building Size 36,291 SF
No. Stories 5
Year Built 2019
Parking Ratio 0.79/1,000 SF
Zoning CD

Amenities

Unit Amenities

  • Hardwood Floors

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 736 - 940
2+2 16 - 1,132 - 1,514

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • CBOS W:07 P:00421 S:032
  • SBOS-000000-000007-000421
  • CBOS W:07 P:00421 S:034
  • CBOS W:07 P:00421 S:026
Land Assessment
$0
Improvements Assessment
$3,002,400
Total Assessment
$3,002,400
  • Listing ID: 40900858

  • Date on Market: 6/12/2026

  • Last Updated:

  • Address: 232 Old Colony Ave, South Boston, MA 02127

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