Office Suite with Finished
1-239 Dorchester St Boston, MA 02127
1-239 Dorchester St, Boston, MA, 02127
$439,000
For Sale
$439,000
Office suite includes a full bathroom and kitchenette, plus a finished basement for additional flexible space.
Property Size1,225 SF
Price / SF$358.37
Days on Market129
Property Features for 1-239 Dorchester St
General Information
- Standard status
- Active
- Size
- 1,225 SF
Listing agency
Tucker Real Estate Advisors, Inc.
(617) 922-5772
Listed by
Evan Nolan
(617) 922-5772
Source
Exprealty
Added: Mar 16 Updated: Jul 20 at 8:29PM Checked: Jul 21 at 11:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tucker Real Estate Advisors, Inc.
Investment Insights
Based on property information with market context.
For sale office suite at 1-239 Dorchester St #1, offering 1,225 square feet of finished space. The unit includes a full bathroom and a kitchenette, along with a finished basement that can provide additional flexible room for day-to-day office use.
The space is presented as well-located in the heart of South Boston, with visibility and accessibility in an active corridor. This configuration supports a range of owner-user or investor strategies, with the interior layout including dedicated amenities and an expanded lower level.
The space is presented as well-located in the heart of South Boston, with visibility and accessibility in an active corridor. This configuration supports a range of owner-user or investor strategies, with the interior layout including dedicated amenities and an expanded lower level.
Key Highlights
- 1,225 SF office space at 239 Dorchester St #1 in South Boston
- Office suite includes a full bathroom and kitchenette
- Finished basement provides additional flexible space
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.7k | $50.40 |
| − Vacancy | −$13.6k | −$11.09 |
| EGI | $48.2k | $39.31 |
| − OpEx | −$12.0k | −$9.83 |
| NOI | $36.1k | $29.48 |
1,225 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$516.0K
$451.5K – $602.0K
NOI $36,118 @ 7.0% cap · market cap 8.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$917.3K
$802.6K – $1.07M
NOI $64,210 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office suite includes a full bathroom and kitchenette, plus a finished basement for additional flexible space.
Where is this office units located?
The property is located at 1-239 Dorchester St Boston, MA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 1,225 SF office space at 239 Dorchester St #1 in South Boston; Office suite includes a full bathroom and kitchenette; Finished basement provides additional flexible space
