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Blue Hill Avenue Commercial Condo

1039 Blue Hill Ave Boston, MA 02124

Claim this Listing
For Sale
$199,000

New 732 sq. ft. commercial condo on Blue Hill Avenue.

Type:Commercial
Property size:
732 SF
Price / SF:
$271.86/SF
Added:
May 26, 2026
Days on Market:
50
Last Refresh:
May 27 at 7:32 am

Property Features for 1039 Blue Hill Ave

General Information

Standard status
Active
Size
732 SF
Property subtype
Commercial

Building Details

Year Built
2026

Listing office Thumbprint Realty, LLC

Listing date May 26, 2026

Source Corcoran

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 Thumbprint Realty, LLC


Investment Insights

Based on property information with market context.

This 732 sq. ft. street-level commercial condo is located in the Blume on the Ave mixed-use development. The unit features frontage on Blue Hill Avenue, providing visibility and exposure to foot and vehicular traffic. The space offers a flexible layout, storefront windows for natural light, and high ceilings. It is suited for a boutique retail storefront, specialized office space, medical or wellness clinic, or local startup headquarters. The unit is delivered as a clean shell, ready for custom build-out. The property is located in a growing, transit-oriented hub with access to public transportation and major thoroughfares.

Key Highlights

  • Brand‑new commercial condo in the Blume on the Ave development.
  • High‑visibility location with excellent frontage on Blue Hill Avenue.
  • Flexible layout suitable for retail, office, medical, or startup use.

Local Financial Insights For Retail

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 $18.4k $25.20
− Vacancy −$1.6k −$2.14
EGI $16.9k $23.06
− OpEx −$5.1k −$6.92
NOI $11.8k $16.14
732 SF · lease $25.20/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$168.8K
$147.7K – $196.9K (±1% cap)
NOI $11,815 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$548.1K
$479.6K – $639.5K (±1% cap)
NOI $38,369 @ 7.0% cap · market cap 19.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Cafe & Coffee Shop Accounting Firm Acupuncture Big Box & Wholesale Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - New 732 sq. ft. commercial condo on Blue Hill Avenue.
Where is this storefront property located?
The property is located at 1039 Blue Hill Ave Boston, MA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Brand‑new commercial condo in the Blume on the Ave development.; High‑visibility location with excellent frontage on Blue Hill Avenue.; Flexible layout suitable for retail, office, medical, or startup use.
Contact an agent
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