95 Berkeley StBoston, MA 02116

  • Office buildings
  • 98,400 SF
For Lease

Property Details for 95 Berkeley St

Year built
1899
Construction
BRICK
Lot size
0.52 AC
Property size (Sq ft)
98,400 SF
Zone code
C
Property type
Office buildings
APN
CBOS W:05 P:00706 S:000
APU
CBOSW05P00706S000

Description

This exceptional 4,754 square foot retail space is located at 95 Berkeley Street in Boston's vibrant Back Bay submarket. Situated as an endcap unit, this property boasts unparalleled visibility and exposure to a high volume of daily traffic, estimated at 100,000 commuters. Ideal for a variety of retail or restaurant concepts, this single-tenancy space offers significant opportunity within a thriving commercial district of Suffolk County, Massachusetts. The property's strategic location in the Back Bay ensures high foot traffic and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a densely populated area. The address is 95 Berkeley Street, Boston, MA 02116. The space is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a high-profile retail location in one of Boston's most desirable neighborhoods. The property's street-level access and ample frontage provide excellent opportunities for branding and customer engagement. The zip code is 02116. This location offers a unique blend of high visibility and accessibility, making it an ideal choice for businesses seeking to establish a strong presence in the heart of Boston's Back Bay. The property type is classified as retail and restaurant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,268,459
    6.5%
    $15,017,039
    7%
    $13,944,394
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,856,944
    Geo Method
    $12,856,944
  • Alternative Use

    Use
    Valuation
    Residential
    $18,621,128
    Hospitality
    $17,056,854
    Educational
    $14,191,102
    Medical
    $14,679,156
    Retail
    $22,075,048
95 Berkeley St, Boston, Massachusetts

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.3473
Longitude
-71.0704
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$570,475
$11,565,000
$11,010,200
$22,575,200
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FAQs

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