10,471 Square Foot, 60% occupied, multi-tenant Medical office/ Flex Condominium located in a rapidly growing MSA of Boston , MA. 400 Commonwealth otherwise known as The Somerset building is ideally located adjacent to the Back Bay and Fenway . With Easy access to everything the Boston Metro area has to offer.This asset is a great owner/user opportunity and also gives investors the opportunity to purchase at a significant discount with a huge value add opportunity through soft repositioning and long term leasing strategies.The Unit was previously occupied by multiple medical and wellnessuses and has a Medical/spa feel inside. 400 Commonwealth offers a significant value add via adaptive re-use with the ability to convert to flex and office easily. 400 Commonwealth also provides a unique opportunity for owner-occupants to absorb some of the vacancies while further enhancing via strategic long term leasing strategies at market rates.
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- bos
- Orig Price:
- $2,399,000
- LEASE_TYPE:
- Gross
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02215
- Longitude:
- W72° 54' 33.1''
- Latitude:
- N42° 20' 55.3''
Commercial Sale
400 Commonwealth, Boston, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $2,399,000
- Square Footage :
- 10,471 Sqft
- Year Built :
- 1910
- Lot Area :
- 1.78 Acre
- Listing ID :
- 73350868
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com