530 Western AveBoston, MA 02135

  • Investment properties
  • 0.31 AC

Property Details for 530 Western Ave

Lot size
0.31 AC
Zone code
RC
Property type
Investment properties
Property subtype
Live-work space
APN
BRIG W:22 P:00583 S:000
APU
BRIGW22P00583S000

Description

This exceptional retail opportunity is located at 530 Western Avenue in Brighton, MA, a vibrant and bustling neighborhood in Suffolk County. The property boasts a total of 1,508 square feet, with 1,308 square feet currently available for lease. This single-tenant space presents a unique chance for a business to establish a strong presence in a high-traffic area. The property's address is 530 Western Avenue, Boston, MA 02135, offering excellent visibility and accessibility for customers. The building is classified as retail space, ideal for a variety of businesses seeking a prominent location. The ample square footage provides flexibility for various retail layouts and operations. The property's location within the thriving Brighton neighborhood ensures high foot traffic and exposure to a diverse customer base. This is an excellent opportunity for a business seeking a well-positioned retail space in a desirable Boston location. The property is situated in Suffolk County, Massachusetts, providing easy access to major transportation routes and amenities. The available space is ready for immediate occupancy, allowing for a quick and efficient start to operations. This single-tenant space offers a unique opportunity for a business to establish a strong presence in a high-traffic area with excellent visibility. Don't miss this chance to secure a prime retail location in Boston's dynamic Brighton neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,211,452
    6.5%
    $2,041,341
    7%
    $1,895,531
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,747,708
    Geo Method
    $1,747,708
  • Alternative Use

    Use
    Valuation
    Residential
    $2,531,262
    Hospitality
    $2,318,623
    Educational
    $1,929,067
    Medical
    $1,995,410
    Retail
    $3,000,771

Location Insight

City
Brighton
County
Suffolk
State
Massachusetts
Latitude
42.3613
Longitude
-71.1453
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
2018
$11,705
$3,105,681
$11,384,047
$14,489,728
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FAQs

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