222-224 Newbury St - Storefront Retail/Office FOR SALE


Boston, MA 02116
$10,500,000 USD
617-457-3266
222-224 Newbury St, Boston, MA for Sale
$10,500,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | 5.9% Cap Rate

222-224 Newbury St
Boston, MA 02116


HIGHLIGHTS

  • PRIME LOCATION
  • TROPHY INVESTMENT PROPERTY
  • EXISTING CASH FLOW AND UPSIDE

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$729 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2 BUILDINGS (5 retail & 3 offices)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1882

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Fairfield St

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

H3, Boston

APN/PARCEL ID

CBOS-000000-000005-003222

ASK ABOUT THIS PROPERTY

Dan McGeeHunnemanMore Info
617-457-3266

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Dan McGeeHunnemanMore Info
617-457-3266

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.