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Retail Suite with Private Offices
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10 Fairway St, Boston, MA 02126

A corner location in Mattapan includes a reception area and flexible workspace for retail or office operations.

Property Size1,600 SF
Price / SF$2.81
Days on Market7

Property Features for 10 Fairway St

General Information

Standard status Active
Size 1,600 SF
Property subtype Commercial

Additional Details

Public Transit Yes

Building Details

Year Built 1900
Listing Agency: Venture Point Commercial Advisors LLC
Listed By: Jeff Similien · License #449590740
Source: Lockandkeyre
Added: Oct 11 Changed: Oct 16 Last Checked: Oct 16 at 8:22AM

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 Venture Point Commercial Advisors LLC

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Investment Insights

Based on property information with market context.

This 1,600-square-foot retail space at 10 Fairway Street in Mattapan is arranged with a reception area and two private offices. The corner unit was previously used by a physical therapy practice, and its existing layout accommodates retail or office functions.

The property is in Mattapan, Boston, with access to public transportation. Built in 1900, the building offers a reception area and private office configuration within the available space.

Key Highlights

  • 1,600 SF of retail space
  • Corner unit at 10 Fairway St in Mattapan
  • Reception area and two private offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,825
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,500 $516.5K
Cap Rate 7%
$368,929 $368.9K
Cap Rate 9%
$286,944 $286.9K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$40.3K $25.20/SF
− Vacancy
−$3.4K −$2.14/SF
EGI
$36.9K $23.06/SF
− OpEx
−$11.1K −$6.92/SF
NOI
$25.8K $16.14/SF
Area
Boston, MA
Vacancy
8.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,500
Cap Rate 7%
$368,929
Cap Rate 9%
$286,944

Alternative Uses

Best Use
Office B
$673.9K
$589.7K – $786.2K (±1% cap)
NOI $47,174 @ 7.0% cap · market cap 1,048.31%
Second Best
Healthcare Medical
$464.1K
$406.1K – $541.4K (±1% cap)
NOI $32,486 @ 7.0% cap · market cap 721.91%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,866 @ 7.0% cap · market cap 1,863.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Comeback Physical Therapy, ... Medical Clinic

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

Demographics for 02126, MA

22,734
Population
9,617
Households
2.4
Avg Household Size
38
Median Age
24%
College-Educated
87%
High-School Grad
1.8 sq mi
ZIP Area
12,630
Density / Sq Mi
$67,206
Median Household Income
$42,397
Median Earnings
$1,659
Median Rent
$515,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A corner location in Mattapan includes a reception area and flexible workspace for retail or office operations.
Where is this retail space located?
The property is located at 10 Fairway St Boston, MA.
What are key features of this property?
This property features: 1,600 SF of retail space; Corner unit at 10 Fairway St in Mattapan; Reception area and two private offices
More about this property
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