230 Newbury StBoston, MA 02116

For Sale
$15,000,000
Prime Boston location, 24 apartments, 13 retail units.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a substantial mixed-use portfolio situated on Newbury Street in Boston, Massachusetts. The property consists of two buildings, totaling 13,336 square feet, on a 4,928 square foot lot. Built in 1899, the five-story structures comprise 24 apartment units and 13 retail suites. The property also includes three office spaces. Offering significant income potential, this portfolio allows for future rental growth through lease renewals and market-rate adjustments. The property features off-street parking for six vehicles. This unique offering presents a chance to acquire a well-established, income-producing asset in a highly desirable location. The asking price for this exceptional property is $15,000,000. The seller is open to offers and will consider selling the buildings in pairs or as a complete portfolio. This is a rare opportunity to acquire a significant piece of Boston's iconic Newbury Street. The property is located at 230 Newbury Street, Boston, MA 02116.

Highlights

  • Exceptional mixed-use investment opportunity on Boston's Newbury Street.
  • 13,336 square foot portfolio on a 4,928 square foot lot, comprising two five-story buildings.
  • 24 apartment units, 13 retail suites, and 3 office spaces.
  • Six off-street parking spaces.
  • $15,000,000 asking price; seller open to offers and partial sales.

Property Details for 230 Newbury St

Property type
Retail properties, Apartment buildings
Square Feet
13,336 SF
Year Built
1899
Buildings
2
Stories
5

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.3496453
Longitude
-71.0813703
230 Newbury St, Boston, Massachusetts

FAQs

What type of property is this?
Retail property - Prime Boston location, 24 apartments, 13 retail units.
Where is the retail property located?
The property is located at 230 Newbury St Boston, MA.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity on Boston's Newbury Street.; 13,336 square foot portfolio on a 4,928 square foot lot, comprising two five-story buildings.; 24 apartment units, 13 retail suites, and 3 office spaces.
How can I contact the broker?
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230 Newbury St
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