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Renovated Mixed-Use Firehouse Property
For Sale
$5,450,000
Pending

133 Salem St, Boston, MA 02113

Mixed-use property with commercial space and residential units in Boston.

Property Size6,760 SF
Lot Size0.06 Acres
Days on Market155

Property Features for 133 Salem St

General Information

Standard status Pending
Size 6,760 SF
Lot size 0.06 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $25,272

Building Details

Building Size 6,760 SF
Year Built 1920
Stories 5
Units 4
Listing Agency: Gibson Sotheby's International Realty
Listed By: The Sarkis Team
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:53AM

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 Gibson Sotheby's International Realty

Investment Insights

Based on property information with market context.

Originally the Engine No. 8 Firehouse, this property has been reimagined into a 4-unit mixed-use building. Fully 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, three finished residential units offer flexibility for living, renting, or reconfiguration. The penthouse, featuring three or more bedrooms, includes private outdoor space and views, making it suitable for a primary residence, with income from the other two leased units potentially offsetting ownership costs. Located down the street from the Eliot school and other amenities in the North End, this asset combines long-term investment security with lifestyle appeal.

Key Highlights

  • Rare opportunity: Own a fully renovated, historic firehouse (Engine No. 8) converted into a 4‑unit mixed‑use property.
  • Strong, stable income from a 2,400+ sq. ft. commercial space leased to BTONE Pilates Studio.
  • Penthouse unit with 3+ bedrooms, private outdoor space, and sweeping views, ideal for owner‑occupancy.**

Property Analytics

Current Use

Btone Fitness North ... Gym & Fitness Center

Suggested Use

Top Pick HVAC Service Pet Grooming Service Clothing & Fashion Store Nursing Home Butcher Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12,999
Businesses Nearby

Demographics for 02113, MA

7,126
Population
4,664
Households
1.5
Avg Household Size
29
Median Age
80%
College-Educated
98%
High-School Grad
0.1 sq mi
ZIP Area
71,260
Density / Sq Mi
$110,321
Median Household Income
$72,264
Median Earnings
$2,498
Median Rent
$693,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with commercial space and residential units in Boston.
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 $5,450,000.
What are key features of this property?
This property features: Rare opportunity: Own a fully renovated, historic firehouse (Engine No. 8) converted into a 4‑unit mixed‑use property.; Strong, stable income from a 2,400+ sq. ft. commercial space leased to BTONE Pilates Studio.; Penthouse unit with 3+ bedrooms, private outdoor space, and sweeping views, ideal for owner‑occupancy.**
More about this property
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