183 Massachusetts AveBoston, MA 02115

For Sale
$3,700,000
Property records and analytics
High-return Citizens Bank, Boston

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a 2,120 square foot Class B retail property currently occupied by Citizens Bank in a prime Boston location at 183 Massachusetts Ave, Boston, MA 02115. Built in 2002 and renovated in 2020, the single-tenant building offers a secure, long-term investment with a built-in rent increase of 12.5% scheduled for February 11, 2026. The property's net rentable area is 2,120 square feet, providing a strong foundation for consistent cash flow. Situated in Suffolk County, this location benefits from high foot traffic and visibility, making it an attractive proposition for investors seeking a stable and appreciating asset. The asking price for this off-market opportunity is $3,700,000. This represents a compelling investment in a thriving Boston market, offering significant upside potential and a secure, long-term return. The property's strong tenant and favorable lease terms make it an ideal addition to any diversified portfolio. Don't miss this chance to acquire a high-demand, well-maintained retail property in a premier Boston location.

Highlights

  • $3,700,000 asking price for a 2,120 SF Class B retail property.
  • Single-tenant occupancy by Citizens Bank.
  • Located at 183 Massachusetts Ave, Boston, MA 02115.
  • Built in 2002, renovated in 2020.
  • 12.5% rent bump scheduled for 02/11/2026.

Property Details for 183 Massachusetts Ave

Property type
Retail properties, Banks
Square Feet
2,120 SF
Class
B
Year Built/Renovated
2002/2020

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.3455856
Longitude
-71.0871307
183 Massachusetts Ave, Boston, Massachusetts

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FAQs

What type of property is this?
Retail property - High-return Citizens Bank, Boston
Where is the retail property located?
The property is located at 183 Massachusetts Ave Boston, MA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: $3,700,000 asking price for a 2,120 SF Class B retail property.; Single-tenant occupancy by Citizens Bank.; Located at 183 Massachusetts Ave, Boston, MA 02115.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Nicolas Guemes
Nicolas Guemes
Visit Broker Website

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Massachusetts Ave
Boston, MA 02115

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Massachusetts Ave
Boston, MA 02115

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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183 Massachusetts Ave
  • Nicolas Guemes
    Nicolas Guemes
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