Search
Kenmore Square Retail/Office Space
For Lease
Contact for pricing

488-490 Commonwealth Ave, Boston, MA

Finished basement space near Green Line and MBTA bus terminal.

Space Size5,876 SF
Lot Size0.88 Acres
Days on Market1395

Property Features for 488-490 Commonwealth Ave

General Information

Standard status Active
Size 5,876 SF
Lot size 0.88 Acres
Property subtype RETAIL

Site & Location

Neighborhood Fenway

Spaces For Lease

at 488-490 Commonwealth Ave
Kenmore Abbey AVAILABLE, Now
Floor Basement
Size 5,876 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Kenmore Square corner of Commonwealth Ave. & Kenmore Street - Available office/ retail space: 5,876 USF of finished basement space with additional storage available - Rent quoted upon request - Built circa 1890s - 199 units, 100% elderly housing - Originally constructed as a hotel and converted to its current use in 1984 - Within approximately 200 ft of the Green Line’s “Kenmore” station and MBTA bus terminal - Direct entrance - Possible exterior signage - Up to 6-7 on-site parking spaces available for a monthly charge - The space currently has: 3 private offices, 1 large conference room ) and 5 large cubicles (all with natural light) - Open space - Full Kitchen
Contact us
Listing Agency: CRE Brokerage
Listed By: Joe Levanto
Source: Moodyscre
Added: Jan 4, 2023 Changed: Oct 25 Last Checked: Oct 28 at 10:48AM

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 CRE Brokerage

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located in Kenmore Square at the corner of Commonwealth Avenue and Kenmore Street, this property offers 5,876 square feet of finished basement space suitable for office or retail use, with additional storage available. Constructed in the 1890s, the building originally served as a hotel before being converted to its current use as elderly housing in 1984, comprising 199 units. The property is situated approximately 200 feet from the Green Line’s Kenmore station and an MBTA bus terminal, providing convenient access to public transportation. The space features a direct entrance and the potential for exterior signage. Up to 6-7 on-site parking spaces are available for a monthly charge. The current layout includes 3 private offices, a large conference room, 5 large cubicles with natural light, an open space, and a full kitchen. This space is located in Kenmore Square.

Key Highlights

  • Prime Kenmore Square location at the corner of Commonwealth Ave. & Kenmore Street.
  • Direct entrance to the space.
  • Close proximity (approximately 200 ft) to the Green Line’s “Kenmore” station and MBTA bus terminal.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Food Market Daycare Center HVAC Service Grocery & Convenience Store Auto Repair Shop Kitchen & Bath Showroom

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,981
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Boston, MA

$56.32 /SF/Yr
Avg Asking Price
$4.44–$200 /SF/Yr
Price Range
4,503 SF
Avg Space Size

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 - Finished basement space near Green Line and MBTA bus terminal.
Where is this retail space located?
The property is located at 488-490 Commonwealth Ave Boston, MA.
What are key features of this property?
This property features: Prime Kenmore Square location at the corner of Commonwealth Ave. & Kenmore Street.; Direct entrance to the space.; Close proximity (approximately 200 ft) to the Green Line’s “Kenmore” station and MBTA bus terminal.
(617) 725-0200 · Office Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved