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2 Buildings (4 retail & 12 apts) 232 Newbury St

13,336 SF 100% Leased 4-Star Retail Building Boston, MA 02116 $14,000,000 ($1,050/SF) 5.89% Cap Rate

Retail Space Massachusetts Boston 232 Newbury St, Boston, MA 02116

Investment Highlights

  • PRIME LOCATION
  • EXISTING INCOME AND UPSIDE
  • TROPHY INVESTMENT PROPERTY

Executive Summary

230-232 Newbury Street are two (2) adjacent buildings totaling 13,336 ± SF. The mixed-use buildings contain four (4) retail units and twelve (12) apartment units above. The buildings are available for sale with an asking price of $14 million. They are available along with a portfolio of four (4) other buildings, 222-224 Newbury St. and 226-228 Newbury St.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
13,336 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1899/2004
Price
$14,000,000
Price Per SF
$1,050
Cap Rate
5.89%
NOI
$825,000
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
5.00
Land Acres
0.06 AC
Zoning
RC
Frontage
19 FT on Newbury St

Amenities

  • Bus Line
  • Metro/Subway
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
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Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (94)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Jpmorgan Chase & And Co
The Cheesecake Factory
Starbucks
Yard House
Del Frisco's
Capital Grille
wagamama
New York Sports Club
Nespresso
Earls Kitchen and Bar

PROPERTY TAXES

Parcel Number CBOS-000000-000005-003218 Improvements Assessment $1,926,600
Land Assessment $3,617,900 Total Assessment $5,544,500

PROPERTY TAXES

Parcel Number
CBOS-000000-000005-003218
Land Assessment
$3,617,900
Improvements Assessment
$1,926,600
Total Assessment
$5,544,500
(617) 457-3266

  • Listing ID: 32786261

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 232 Newbury St, Boston, MA 02116

More public record information on 232 Newbury St, Boston, MA 02116

The Retail Property at 232 Newbury St, Boston, MA 02116 is currently available For Sale. Contact Hunneman for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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232 Newbury St, Boston, MA for sale Building Photo- Image 1 of 10
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232 Newbury St, Boston, MA for sale Building Photo- Image 2 of 10
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232 Newbury St, Boston, MA for sale Building Photo- Image 5 of 10
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232 Newbury St, Boston, MA for sale Building Photo- Image 6 of 10
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232 Newbury St, Boston, MA for sale Building Photo- Image 7 of 10
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232 Newbury St, Boston, MA for sale Building Photo- Image 9 of 10
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2 Buildings (4 retail & 12 apts) | 232 Newbury St
(617) 457-3266 x

2 Buildings (4 retail & 12 apts) | 232 Newbury St

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Dan McGee

(617) 457-3266

(617) 457-3266

Carl Christie

(617) 457-3400

(617) 457-3400

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