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63-65 Broad St 1,450 SF Retail Condo Unit Offered at $1,300,000 in Boston, MA 02109
Investment Highlights
- Daytime Population of approximately 95,000
- Close proximity to some of the largest financial and legal institutions in Boston and New England.
Property Facts
| Total Building Size | 1,450 SF | Floors | 6 |
| Property Type | Retail (Condo) | Typical Floor Size | 242 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1910 |
| Building Class | B | Lot Size | 0.02 AC |
| Zoning | BSPA, Boston - Restaurant on 1st fl & Basement prep & storage | ||
| Total Building Size | 1,450 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 242 SF |
| Year Built | 1910 |
| Lot Size | 0.02 AC |
| Zoning | BSPA, Boston - Restaurant on 1st fl & Basement prep & storage |
Amenities
- Bus Line
- Signage
1 Unit Available
Unit 1
| Unit Size | 1,450 SF | Sale Type | Investment |
| Price | $1,300,000 | Cap Rate | 4.87% |
| Price Per SF | $896.55 | NOI | $63,249 |
| Condo Use | Retail |
| Unit Size | 1,450 SF |
| Price | $1,300,000 |
| Price Per SF | $896.55 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.87% |
| NOI | $63,249 |
Description
Exceptional opportunity to acquire a premier retail asset in Boston’s Financial District, steps from multiple MBTA stations and Faneuil Hall. The property is leased to a thriving restaurant through 2030 under a gross lease. The well-maintained space includes additional basement warehouse, storage, and prep area with a half bath. Surrounded by major financial and legal institutions, the property benefits from a daytime population of approximately 95,000 employees. With the tenant’s final option exercised, there is potential to convert the lease to NNN. Appointments required. Please do not disturb the tenant. Financials available upon request.
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Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| poke city |
-
|
Jan 0000
|
Nearby Major Retailers
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63-65 Broad St
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