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400 Commonwealth 2G Boston, MA 02215

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For Sale
$2,399,000

Multi-tenant medical/flex condo in Boston, offering value-add potential.

Lot size:
1.78 Acres

Property Features for 400 Commonwealth 2G

General Information

Lot size
1.78 Acres

Building Details

Year built
1910

Source: Block Realty Agent Arthur Deych

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Medical/Flex Condo in Growing MSA

This 10,471 square foot multi-tenant condominium is located at 400 Commonwealth, also known as The Somerset building, in a rapidly growing MSA of Boston, MA. The property is 60% occupied and offers a location adjacent to Back Bay and Fenway, with easy access to the Boston Metro area. The unit was previously occupied by multiple medical and wellness uses and has a medical/spa feel inside. The asset presents an owner/user opportunity and allows investors to purchase at a discount with value-add potential through repositioning and long-term leasing strategies. The property offers value-add via adaptive re-use with the ability to convert to flex and office easily. It also provides a unique opportunity for owner-occupants to absorb some of the vacancies while further enhancing via strategic long term leasing strategies at market rates.
Location Intelligence

Current Use by Public Records

Medical offices

Similar Places Nearby

Sean T. Robinson, PA

Map

City
Boston
County
Suffolk
State
Massachusetts
Longitude
-71.1025
Latitude
42.3469

FAQs

What type of property is this?
Medical office - Multi-tenant medical/flex condo in Boston, offering value-add potential.
Where is this medical office located?
The property is located at 400 Commonwealth 2G Boston, MA.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: - Significant value-add opportunity through repositioning and leasing strategies.; - Ideal location adjacent to Back Bay and Fenway with easy access to Boston Metro.; - Suitable for owner/user with opportunity to absorb vacancies.
More about this property
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