Creative Space With High
For Sale
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1112 Boylston Street Unit 2, Boston, MA 02215
Bright upper-level commercial space with flexible suite sizing, tall ceilings, and two large bathrooms.
Property Size3,500 SF
Days on Market49
Property Features for 1112 Boylston Street Unit 2
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Commercial
Additional Details
Floor
2
Public Transit
Yes
Amenities
two large bathrooms
Building Details
Year Built
1899
Listing Agency:
617 Real Estate Group, LLC
(617) 306-6610
Listed By:
Patrick Millane
(617) 835-9618
Source:
Lockandkeyre
Added: Aug 31
Changed: Oct 16
Last Checked: Oct 16 at 9:22AM
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 617 Real Estate Group, LLC
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Investment Insights
Based on property information with market context.
The second floor at 1112 Boylston Street provides approximately 3,500 SF of creative commercial space with abundant natural light, high ceilings, and two large bathrooms. The floor can function as one contiguous premises or be divided into smaller suites, with a minimum configuration of 500 SF.
The property sits across from the CitizenM Hotel and Berklee College of Music, with Fenway Park, Newbury Street, the MBTA Green Line, and the Fenway neighborhood nearby. Built in 1899, the building offers an established setting for a range of creative, office, retail, wellness, medical, educational, showroom, or experiential uses identified for the space.
The property sits across from the CitizenM Hotel and Berklee College of Music, with Fenway Park, Newbury Street, the MBTA Green Line, and the Fenway neighborhood nearby. Built in 1899, the building offers an established setting for a range of creative, office, retail, wellness, medical, educational, showroom, or experiential uses identified for the space.
Key Highlights
- Approximately 3,500 SF on the second floor
- Suite configurations available from 500 SF
- High ceilings and abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,323
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,460
$1.5M
Cap Rate 7%
$1,076,043
$1.1M
Cap Rate 9%
$836,922
$836.9K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$117.6K $33.60/SF
− Vacancy
−$10.0K −$2.86/SF
EGI
$107.6K $30.74/SF
− OpEx
−$32.3K −$9.22/SF
NOI
$75.3K $21.52/SF
Area
ZIP 02215
Vacancy
8.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,460
Cap Rate 7%
$1,076,043
Cap Rate 9%
$836,922
Alternative Uses
Best Use
Office B
$1.58M
$1.38M – $1.84M
NOI $110,565 @ 7.0% cap · market cap 11,056,500.00%
Second Best
Retail
$1.08M
$941.5K – $1.26M
NOI $75,323 @ 7.0% cap · market cap 7,532,300.00%
Theoretical Best
Office A
$3.02M
$2.65M – $3.53M
NOI $211,680 @ 7.0% cap · market cap 21,168,000.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
7,618
Businesses Nearby
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Business Placement
Demographics for 02215, MA
26,926
Population
9,390
Households
2.9
Avg Household Size
26
Median Age
85%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
29,918
Density / Sq Mi
$65,827
Median Household Income
$12,149
Median Earnings
$2,385
Median Rent
$683,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Creative space - Bright upper-level commercial space with flexible suite sizing, tall ceilings, and two large bathrooms.
Where is this creative space located?
The property is located at 1112 Boylston Street Unit 2 Boston, MA.
What are key features of this property?
This property features: Approximately 3,500 SF on the second floor; Suite configurations available from 500 SF; High ceilings and abundant natural light
