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    133 Salem St Boston, MA 02113

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    For Sale
    $5,950,000

    Renovated mixed-use property with commercial space and residential units.

    Lot size:
    0.06 Acres

    Property Features for 133 Salem St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1920

    Source: Douglas Elliman Real Estate - The Sarkis Team Agent George Sarkis

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

    Overview

    Mixed-Use Property in Historic Firehouse

    Originally the Engine No. 8 Firehouse, this property has been reimagined into a 4-unit mixed-use building. Renovated to a high standard in 2013, the property offers an opportunity for an owner-occupant to live in a piece of Boston's past while generating income. The ground-floor commercial space, spanning over 2,400 square feet, is leased to the BTONE Pilates Studio, providing reliable cash flow. Above, there are 3 finished residential units that offer flexibility for living, renting, or reconfiguration. The penthouse, featuring 3+ bedrooms, private outdoor space, and views, is suitable for a primary residence, with income from the other 2 leased units to offset ownership costs. Located down the street from the Eliot School and other attractions in the North End, this asset combines long-term investment security with lifestyle appeal.
    Insight Report Location Intelligence

    Current Use by Public Records

    Btone Fitness North ... Gym

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.05536
    Latitude
    42.36479

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use property with commercial space and residential units.
    Where is this mixed-use property located?
    The property is located at 133 Salem St Boston, MA.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: - Mixed-use property with a fully leased commercial space (BTONE Pilates Studio) providing reliable income.; - **Penthouse unit with 3+ bedrooms, private outdoor space, and sweeping views, ideal for owner-occupancy.**; - Two additional leased residential units offer income to offset ownership costs.
    (781) 603-8702
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    133 Salem St Boston, MA 02113
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    Boston, MA 02113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    133 Salem St Boston, MA 02113
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