308 Congress StBoston, MA 02210

Property Details for 308 Congress St

Year built

1899

Construction

BRICK

Lot size

1.50 AC

Property size (Sq ft)

178,200 SF

Zone code

C

Property type

Office buildings

APN

SBOS W:06 P:02635 S:001

APU

SBOSW06P02635S001

Description

This exceptional Boston Seaport property offers a unique opportunity to lease prime office and retail space within a vibrant mixed-use building. Located at 308 Congress Street, this building boasts a total of 179,000 square feet, complemented by an additional 90,000 square feet of outdoor waterfront space along the Boston Harborwalk. Currently available is a flexible office space ranging from 2,400 to 10,574 square feet on the sixth floor, ideal for a growing business or non-profit organization. The sixth-floor space is subdividable, offering customizable layouts to suit various needs. Enjoy stunning views of Boston Harbor and Fort Point Channel. Additionally, 3,000 square feet of ground-floor retail space is available, perfect for a business seeking high visibility and foot traffic. The building's location provides unparalleled convenience, with easy access to South Station and a wealth of nearby amenities, including restaurants, cafes, and shopping options. This is a truly exceptional opportunity to establish a presence in one of Boston's most sought-after locations.

• CAP approach

  CAP return

  Valuation

  6%

  $29,461,782

  6.5%

  $27,195,492

  7%

  $25,252,956

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,283,612

  Geo Method

  $23,283,612

• Alternative Use

  Use

  Valuation

  Residential

  $33,722,408

  Hospitality

  $30,889,546

  Educational

  $25,699,740

  Medical

  $26,583,594

  Retail

  $39,977,372

Location Insight

City

Boston

County

Suffolk

State

Massachusetts

Latitude

42.3515

Longitude

-71.05

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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