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 Market1348

Property Features for 488-490 Commonwealth Ave

General Information

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

Spaces For Lease

at 488-490 Commonwealth Ave Contact us

Kenmore Abbey

Floor
Basement
Size
5,876 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Kenmore Square corner of Commonwealth Ave. & Kenmore Street - Available office/...
show more
Contact us
Listing Agency: CRE Brokerage
Listed By: Joe Levanto
Source: Moodyscre
Added: Jan 4, 2023 Changed: Sep 7 Last Checked: Sep 13 at 8:40AM

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

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

Unlock full access to Insights Subscribe to Realmo Intelligence
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

$73.71 /SF/Yr
Avg Asking Price
$13.64–$200 /SF/Yr
Price Range
4,387 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 Call to check price and availability
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