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Office Building With Ground-Floor Retail
For Sale
Contact for pricing
Pending

151 Merrimac St, Boston, MA 02114

Multi-tenant office building over ground-floor retail with versatile floor plates and three-sided window lines.

Property Size43,931 SF
Days on Market148

Property Features for 151 Merrimac St

General Information

Standard status Pending
Size 43,931 SF
Property subtype Retail, Office
Occupancy 42%
Listing Agency: Boston Realty Advisors
Listed By: Bonny Doorakian · License #9024210
Source: Crexi
Added: Apr 11 Changed: Aug 24 Last Checked: Sep 5 at 1:45AM

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.

The property at 151 Merrimac Street is a 43,931-square-foot office building over ground-floor retail. The building is currently 42% leased and features versatile tenant layouts supported by three walls of windows and accommodative floor plates, including spaces around 6,800 square feet.

The asset is positioned in the North Station submarket along a highly traveled vehicular and pedestrian corridor. It is described as steps from the HUB on Causeway, and nearby redevelopment efforts include a planned mixed-use project associated with the Government Center Garage. The North Station area is also benefiting from infrastructure improvements related to the North Washington Street Bridge replacement.

Tours are planned by Boston Realty Advisors, with a call-for-offers to follow.

Key Highlights

  • 43,931 SF office building over ground‑floor retail at 151 Merrimac Street, Boston
  • 42% leased with tenant space featuring versatile layouts and three walls of windows
  • Accommodative 6,800 SF floor plates for flexible tenant configurations

Property Analytics

Current Use

Benson Henry Institute ... Physician Boston Smiles Dental Office Charles W. Rankin Law Firm Randy Gioia Law ... Law Firm Parker E Peter Law Firm

Suggested Use

Top Pick HVAC Service Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Carpet & Flooring Store

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

42%
Occupancy

Location Intelligence

Trade Area within ½ mile

17,872
Businesses Nearby

Demographics for 02114, MA

14,469
Population
9,525
Households
1.5
Avg Household Size
33
Median Age
84%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
36,173
Density / Sq Mi
$135,057
Median Household Income
$94,465
Median Earnings
$2,933
Median Rent
$927,900
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building over ground-floor retail with versatile floor plates and three-sided window lines.
Where is this office building located?
The property is located at 151 Merrimac St Boston, MA.
What are key features of this property?
This property features: 43,931 SF office building over ground‑floor retail at 151 Merrimac Street, Boston; 42% leased with tenant space featuring versatile layouts and three walls of windows; Accommodative 6,800 SF floor plates for flexible tenant configurations
(617) 850-9655 Call to check price and availability
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