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Storefront Property with Mezzanine
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59 Dartmouth St, Boston, MA 02116

Compact retail space arranged across street-level, mezzanine, and lower-level areas.

Property Size650 SF
Price / SF$0.15
Days on Market635

Property Features for 59 Dartmouth St

General Information

Standard status Active
Size 650 SF
Property subtype Commercial
Lease Type Net

Additional Details

Floor Street, Mezzanine, Lower Level

Building Details

Year Built 1899
Listing Agency: Eastern Land Company
Listed By: Stephen Pleines
Source: Churchillprop
Added: Jan 21, 2025 Changed: Oct 6 Last Checked: Oct 16 at 7:20AM

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 Eastern Land Company

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Investment Insights

Based on property information with market context.

This storefront property offers approximately 650 SF across three connected areas: a street-level retail space, mezzanine, and lower level. The configuration provides distinct zones within a compact commercial footprint.

The property is located at 59 Dartmouth St in Boston’s South End. Constructed in 1899, the building presents an established urban storefront setting for a retail-oriented use.

Key Highlights

  • Approximately 650 SF of commercial space
  • Street‑level, mezzanine, and lower‑level areas
  • Storefront property in Boston’s South End

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,988
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,760 $259.8K
Cap Rate 7%
$185,543 $185.5K
Cap Rate 9%
$144,311 $144.3K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$20.1K $30.96/SF
− Vacancy
−$1.6K −$2.41/SF
EGI
$18.6K $28.55/SF
− OpEx
−$5.6K −$8.56/SF
NOI
$13.0K $19.98/SF
Area
ZIP 02116
Vacancy
7.80%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,760
Cap Rate 7%
$185,543
Cap Rate 9%
$144,311

Alternative Uses

Best Use
Retail
$185.5K
$162.4K – $216.5K (±1% cap)
NOI $12,988 @ 7.0% cap · market cap 12,988.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$384.8K
$336.7K – $448.9K (±1% cap)
NOI $26,936 @ 7.0% cap · market cap 26,936.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

HOUSE OF JAX Clothing & Fashion Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store Plumbing Service Nursing Home Pet Grooming Service

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

13,798
Businesses Nearby
151k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 70% Dining 14% Shops & Services 13% Hotels & Casinos 3%
Saks Fifth Avenue Apparel
81,452 visits/mo 0.4 miles
Neiman Marcus Apparel
24,205 visits/mo 0.3 miles
Shell Shops & Services
8,707 visits/mo 0.4 miles
Dunkin' Donuts Dining
7,418 visits/mo 0.5 miles
7-Eleven Shops & Services
5,466 visits/mo 0.4 miles

Demographics for 02116, MA

23,408
Population
14,110
Households
1.7
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
39,013
Density / Sq Mi
$127,309
Median Household Income
$85,296
Median Earnings
$2,341
Median Rent
$1,583,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Boston, MA

3.9% 2019
4.6% 2020
4.2% 2021
4% 2022
3.5% 2023
3.2% 2024
3.8% 2025

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  • Bloom Couture Floral Haus — 762 Tremont St STE 2, Boston, MA 02118

Frequently Asked Questions

What type of property is this?
Storefront property - Compact retail space arranged across street-level, mezzanine, and lower-level areas.
Where is this storefront property located?
The property is located at 59 Dartmouth St Boston, MA.
What are key features of this property?
This property features: Approximately 650 SF of commercial space; Street‑level, mezzanine, and lower‑level areas; Storefront property in Boston’s South End
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