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252 Meridian St - The Seville Boston Harbor 6,235 SF Retail Condo Unit Offered at $2,197,165 in Boston, MA 02128
INVESTMENT HIGHLIGHTS
- Established Tenants
- Transit Oriented Location
- High Traffic Counts
- Superior Location
- The Seville Boston Harbor
- Exceptional Demographics
PROPERTY FACTS
| Total Building Size | 6,235 SF | Floors | 1 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 6,235 SF |
| Property Subtype | Apartment | Year Built | 2017 |
| Building Class | B |
| Total Building Size | 6,235 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 6,235 SF |
| Year Built | 2017 |
1 UNIT AVAILABLE
Unit 252
| Unit Size | 6,235 SF | Sale Type | Investment |
| Price | $2,197,165 | Cap Rate | 7.75% |
| Price Per SF | $352.39 | NOI | $170,280.29 |
| Condo Use | Retail |
| Unit Size | 6,235 SF |
| Price | $2,197,165 |
| Price Per SF | $352.39 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| NOI | $170,280.29 |
SALE NOTES
Horvath & Tremblay is pleased to present the exclusive sale of the condominium interest in the multi-tenant retail investment property located at 252 Meridian Street in East Boston, Massachusetts (the “Property”). The Property consists of two retail condominiums totaling 6,235 square feet, occupying a portion of the ground floor of The Seville Boston Harbor. The two condominium units are 100% leased to Beacon Hill Athletic Club and Smartfix. The Seville Boston Harbor is a seven-story mixed-use building that was constructed in 2017 and was the first luxury condominium building on the new East Boston waterfront. The Seville Boston Harbor features retail units on the ground floors and 66 residential condominiums ranging from Studio units to 2-Bedroom units on the upper floors.
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252 Meridian St - The Seville Boston Harbor
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