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28 Atlantic Ave - Lewis Wharf
4,510 - 10,514 SF Office/Retail Condo Units Offered at $1,795,000 - $3,495,000 Per Unit in Boston, MA 02110
Investment Highlights
- Brick and Beam
- (2) Levels
- Rental and Guest Parking
- Floor Through Loft
- Handicap Bathrooms
Executive Summary
Lewis Wharf delivers 24-hour Concierge service, two elevators, a harbor-side outdoor swimming pool, guest parking and beautiful gardens. The property is situated on Boston’s Harbor, next to Commercial Wharf and Sargent’s Wharf. It is steps to Faneuil Hall, the historic North End, The Financial District, Downtown Boston and all major transportation points.
Property Facts
4 Units Available
Unit #135-136
| Unit Size | 5,312 SF | Condo Use | Office/Retail |
| Price | $1,795,000 | Sale Type | Investment or Owner User |
| Price Per SF | $337.91 | No. Parking Spaces | 2 |
| Unit Size | 5,312 SF |
| Price | $1,795,000 |
| Price Per SF | $337.91 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
Commercial office/retail condominium located at prestigious Lewis Wharf. Bricks and Beams, exposed stone and loft-like feel with dramatic Harbor and City views. This floor through condominium has direct entry with both north and south exposures: 3,032 SF on the first floor and 2,280SF on the lower level. The first level features an open floor plan with (2) Corner offices, (4) Open Office Areas, (1) Conference Room, (2) Bathrooms, Full Kitchen and Reception. The lower level offers an additional open floor plan with offices, built-ins, conference room, and storage. Rental Parking with 24/7 access are available at prevailing rates. Lewis Wharf delivers 24-hour Concierge service, two elevators, a harbor-side outdoor swimming pool, guest parking and beautiful gardens. The property is situated on Boston’s Harbor, next to Commercial Wharf and Sargent’s Wharf. It is steps to Faneuil Hall, the historic North End, The Financial District, Downtown Boston and all major transportation points.
Sale Notes
Seller financing available: 75% LTV, 5 Years, 5%.
Current tenant leases continuous bays (137-139) at a rate of $23,000/month. Lease is 30 day TAW. Open to signing long term for both bays. Will not consider a single bay of 5312SF.
Unit 137-138
| Unit Size | 5,202 SF | Condo Use | Office/Retail |
| Price | $1,795,000 | Sale Type | Investment |
| Price Per SF | $345.06 |
| Unit Size | 5,202 SF |
| Price | $1,795,000 |
| Price Per SF | $345.06 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
Description
Commercial office/retail condominium located at prestigious Lewis Wharf. Bricks and Beams, exposed stone and loft-like feel with dramatic Harbor and City views. This floor through condominium has direct entry with both north and south exposures: 3,072 SF on the first floor and 2,130SF on the lower level. The first level features an open floor plan with (1) Corner Office, (4) Glass Wall Office, (1) Conference Room, (2) Bathrooms and (1) Shower. The lower level offers an additional open floor plan with a Full Kitchen, Break Room, Discussion Room, and storage. Rental Parking with 24/7 access are available at prevailing rates. Lewis Wharf delivers 24-hour Concierge service, two elevators, a harbor-side outdoor swimming pool, guest parking and beautiful gardens. The property is situated on Boston’s Harbor, next to Commercial Wharf and Sargent’s Wharf. It is steps to Faneuil Hall, the historic North End, The Financial District, Downtown Boston, Seaport, and all major transportation points.
Sale Notes
Seller financing available: 75% LTV, 5 Years, 5%.
Current tenant leases continuous bays (137-139) at a rate of $23,000/month. Lease is 30 day TAW. Open to signing long term for both bays. Will not consider a single bay of 5202SF.
Unit 135-138
| Unit Size | 10,514 SF | Sale Type | Investment or Owner User |
| Price | $3,495,000 | Cap Rate | 3.05% |
| Price Per SF | $332.41 | NOI | $106,721 |
| Condo Use | Office/Retail |
| Unit Size | 10,514 SF |
| Price | $3,495,000 |
| Price Per SF | $332.41 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.05% |
| NOI | $106,721 |
Description
Over 10,500 SF of continuous commercial condominiums located at prestigious Lewis Wharf. Bricks and Beams, exposed stone and loft-like feel with dramatic Harbor and City views. These combined floor through condominiums have direct entry with both north and south exposures: 6,104 SF - first floor and 4,410SF - lower level. Ground entry features an open floor plan with (3) Corner Office, (4) Glass Wall Offices, (4) Open Office Areas, (2) Conference Room, (4) Bathrooms, Full Kitchen and Reception. Lower level offers additional Full Kitchen, Break Rooms, Discussion Rooms, and Storages. One tenant occupies at TAW with a gross monthly rent of $23K/month and prefers to sign long term. Rental Parking with 24/7 access available at prevailing rates. Lewis Wharf delivers 24-hour Concierge service, elevators, Harbor-side pool, guest parking, and beautiful gardens. On Boston’s Harbor, next to Faneuil Hall, North End, Financial District, Downtown Boston, Seaport and all major transportation points.
Sale Notes
Seller financing available: 75% LTV, 5 Years, 5%.
Current tenant leases continuous bays (137-139) at a rate of $23,000/month. Lease is 30 day TAW. Open to signing long term for both bays. Will not consider a single bay of 5200SF.
Unit 139-140
| Unit Size | 4,510 SF | Sale Type | Investment or Owner User |
| Price | $1,900,000 | Cap Rate | 3.71% |
| Price Per SF | $421.29 | NOI | $70,431 |
| Condo Use | Office/Retail | No. Parking Spaces | 1 |
| Unit Size | 4,510 SF |
| Price | $1,900,000 |
| Price Per SF | $421.29 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.71% |
| NOI | $70,431 |
| No. Parking Spaces | 1 |
Description
Commercial office/retail condominium located at the NOSE of prestigious Lewis Wharf. A floor-through bay with unobstructed water views, brick and beam, and stone accent walls. Direct entry on opposite sides, loft-like, and dividable. Floor-to-ceiling windows offering south, east, and north exposures with commanding city and harbor views. First floor features an open floor plan and conference room totaling 2,820 SF. Lower level offers additional open floor plan with window cut outs totaling 1,690 SF and features a full kitchen, bar area, two bathrooms, break room, and storage. Rental Parking with 24/7 access are available at prevailing rates. Lewis Wharf delivers 24-hour Concierge, elevators, harbor-side swimming pool, guest parking and manicured gardens. On Boston’s Harbor, next to Commercial Wharf and Sargent’s Wharf, steps to Faneuil Hall, the historic North End, The Financial District, Downtown Boston and all major transportation points.
Sale Notes
Current Tenant Rent: $135,355/year
Taxes: $27,376/year
Condo Fee: $37,548/year
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Views
- Carpet
- Freezer
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Concierge
- Laundry Facilities
- Pool
- Property Manager on Site
- Waterfront
- Doorman
- Elevator
- Smoke Detector
zoning
| Zoning Code | NEW, Boston (Commercial) |
| NEW, Boston (Commercial) |
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28 Atlantic Ave - Lewis Wharf
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