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262 Washington St 48,639 SF 100% Leased Office Building Boston, MA 02108 For Sale
Investment Highlights
- Access to public transportation.
Executive Summary
As exclusive listing agent, CBRE Boston Capital Markets ("CBRE") is pleased to offer for sale 85 Devonshire Street ("the Property" or "85 Devonshire") located in the heart of downtown Boston's Financial District. The offering features an 91,506 square foot office condo that is fully vacant, presenting future ownership tremendous value-add upside with the opportunity to stabilize the office operations or look to take advantage of the City of Boston's office to residential conversion program, which provides a fast-track permitting process and significant tax incentives.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
48,639 SF
Building Class
B
Year Built/Renovated
1899/1985
Percent Leased
100%
Tenancy
Multiple
Building Height
11 Stories
Typical Floor Size
6,800 SF
Slab To Slab
12’
Building FAR
6.98
Lot Size
0.16 AC
Zoning
C - Commercial
Amenities
- Bus Line
- Property Manager on Site
- Signage
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | CBOS-000000-000003-003891 | Improvements Assessment | $5,710,727 |
| Land Assessment | $3,075,007 | Total Assessment | $8,785,734 |
Property Taxes
Parcel Number
CBOS-000000-000003-003891
Land Assessment
$3,075,007
Improvements Assessment
$5,710,727
Total Assessment
$8,785,734
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