768 – 772 Tremont Street, South End, Boston, MA 02118

  • $5,250,000
768 - 772 Tremont Street, South End Boston, MA 02118
For Sale Industrial / Commercial
768 – 772 Tremont Street, South End, Boston, MA 02118
768 - 772 Tremont Street, South End Boston, MA 02118
  • $5,250,000

Overview

Property ID: HZ73142106
  • Land
  • Property Type
  • 3774
  • Sq Ft

Description

Land property in South End Boston MA.

Rare South End development opportunity. Seller received ZBA approval (2019) to alter the existing structure from 1.5 floors to 4 floors. Increasing the total number of units from 4 (2 commercial/2 residential) to 8 (2 commercial /6 residential). 1st floor (commercial units) Unit A – 1444 sqft, Unit B – 902 sqft. 2nd floor: Unit A – 1424 sqft – 2 bed/2 bath, Unit B – 1518 sqft – 2 bed/2 bath. 3rd floor – Unit A – 1424 sqft – 2 bed/2 bath, Unit B – 1518 sqft – 2 bed/2 bath. 4th floor – Unit A – 1424 sqft – 2 bed/2 bath, Unit B – 1518 sqft – 2 bed/2 bath. Seller previously operated their dental practice out of the building, but has relocated the practice and the space is currently vacant. A barbershop currently leases approximately 350 sqft on the first floor at $2035/month TAW. A pizza shop currently leases unit 2 at $6390/month. Current lease term runs through April 30, 2025. The two residential units are leased for $2200/month and $2000/month. Both tenants are TAW.

  • Address 768 - 772 Tremont Street, South End Boston, MA 02118
  • City Boston
  • State/county MA
  • Zip/Postal Code 02118
  • Area South End

Details

Updated on January 4, 2025 at 3:32 am
  • Property ID: HZ73142106
  • Price: $5,250,000
  • Property Size: 3774 Sq Ft
  • Property Type: Land
  • Property Status: For Sale, Industrial / Commercial
  • For Sale Property Type: Land

Additional details

  • Electric: On-Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Office Name: Gibson Sotheby's International Realty
  • Agent Name: Anthony Bruno

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