2 BUILDINGS (5 retail & 3 offices) | 222-224 Newbury St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2 BUILDINGS (5 retail & 3 offices) 222-224 Newbury St
14,400 SF 79% Leased Retail Building Boston, MA 02116 $10,500,000 ($729/SF) 5.90% Cap Rate
Investment Highlights
- PRIME LOCATION
- EXISTING CASH FLOW AND UPSIDE
- TROPHY INVESTMENT PROPERTY
Executive Summary
222-224 Newbury Street is a mixed-use (retail & office) property containing 14,400 ± SF. The five-story buildings contains five (5) retail suites and three (3) office suites. There is off-street parking for 2 vehicles. The two buildings are available for sale with an asking price of $10.5 million ($729/SF). They are available along with a portfolio of four (4) other buildings, 226-228 Newbury St. and 230-232 Newbury St. The year 1 cap rate is 5.9% with upside potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,400 SF
Building Class
B
Year Built/Renovated
1882/2004
Price
$10,500,000
Price Per SF
$729
Cap Rate
5.90%
NOI
$619,500
Percent Leased
79%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
5.51
Land Acres
0.06 AC
Zoning
H3, Boston
Frontage
120 FT on Newbury
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
- Signage
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (91)
Bike Score ®
Very Bikeable (86)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | CBOS-000000-000005-003222 | Improvements Assessment | $1,763,500 |
Land Assessment | $3,431,300 | Total Assessment | $5,194,800 |
PROPERTY TAXES
Parcel Number
CBOS-000000-000005-003222
Land Assessment
$3,431,300
Improvements Assessment
$1,763,500
Total Assessment
$5,194,800
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
2 BUILDINGS (5 retail & 3 offices) | 222-224 Newbury St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.