First-Floor Medical Office
160 Commonwealth Avenue Unit U Boston, MA 02116
160 Commonwealth Avenue Unit U, Boston, MA, 02116
$3,160,000
For Sale
$3,160,000
First-floor office and medical suite offered for sale in the Vendome building in Boston.
Property Size4,637 SF
Price / SF$681.48
Days on Market1051
Property Features for 160 Commonwealth Avenue Unit U
General Information
- Standard status
- Active
- Size
- 4,637 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1871
Listing agency
Boston Realty Advisors
Listed by
William Catlin
(617) 846-8000
Source
Highlandre
Added: Sep 6, 2023 Updated: Jul 21 at 7:55AM Checked: Jul 22 at 6:50AM
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 Boston Realty Advisors
Investment Insights
Based on property information with market context.
This for-sale first-floor office and medical suite is located in the Vendome building at 160 Commonwealth Avenue, Unit U. The space is positioned on the first floor and is presented with available layout and detail information shown in the enclosed photos.
The property is described as being centrally located within one of Boston’s desirable submarkets, with the building setting noted for its historic charm.
Interested parties should review the photos for the most accurate depiction of the interior layout and supporting details.
The property is described as being centrally located within one of Boston’s desirable submarkets, with the building setting noted for its historic charm.
Interested parties should review the photos for the most accurate depiction of the interior layout and supporting details.
Key Highlights
- First‑floor office and medical suite for sale in the Vendome building
- Vendome building built in 1871
- Positioned within a centrally located Boston submarket for commercial office and medical users
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $249.8k | $53.88 |
| − Vacancy | −$39.2k | −$8.46 |
| EGI | $210.6k | $45.42 |
| − OpEx | −$52.7k | −$11.36 |
| NOI | $158.0k | $34.07 |
4,637 SF · lease $53.88/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.26M
$1.97M – $2.63M
NOI $157,962 @ 7.0% cap · market cap 5.00%
Second Best
Healthcare Medical
$1.22M
$1.07M – $1.42M
NOI $85,224 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$2.75M
$2.40M – $3.20M
NOI $192,156 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Simreet Khaira
Physician
Anthony Catalfano Interiors
Interior Design
City Shopper, Inc
Publishing House
Graphic Resources
Architect
Buttermilk & Bourbon
Restaurant
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FAQs
What type of property is this?
Office units - First-floor office and medical suite offered for sale in the Vendome building in Boston.
Where is this office units located?
The property is located at 160 Commonwealth Avenue Unit U Boston, MA.
What is the asking price?
The asking price for this property is $3,160,000.
What are key features of this property?
This property features: First‑floor office and medical suite for sale in the Vendome building; Vendome building built in 1871; Positioned within a centrally located Boston submarket for commercial office and medical users
