Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Storefront with Display Windows Title is generated by Realmo AI

    1349 Commonwealth Ave Boston, Allston, MA 02134

    View on Map
    Claim this Listing
    New
    For Lease
    $4,800 /Mo

    Street-facing storefront with large display windows and open plan, suited for retail, service, wellness, showroom, or office use.

    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 2:15 am

    Property Features for 1349 Commonwealth Ave Boston

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1932

    We can help!

    Listing Contact
    Amanda Lucido Hodges

    Listing agent Amanda Lucido Hodges

    Listing office

    Listing date Jun 4, 2026

    Source Bournetosellrealestate

    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 Amanda Lucido Hodges

    HighLights

    • Street‑facing storefront at 1349 Commonwealth Avenue in Allston, built in 1932
    • Large display windows and an open floor plan for retail, service, wellness, showroom, or office use
    • Expansive street‑facing frontage with prominent signage opportunities
    • Not approved for food use
    • Available 7/1/26

    Overview

    This storefront includes a highly functional open floor plan and expansive street-facing frontage, designed to support a flexible tenant layout. Large display windows bring natural light into the space and help showcase the business from the sidewalk, with prominent signage opportunities available for branding. The space is not approved for food use.

    Located at 1349 Commonwealth Avenue in Allston along a major commuter corridor, the property is positioned for visibility within a dense residential area and near universities. Direct access to public transportation supports convenient customer and commuter access.

    Available 7/1/26, the configuration can accommodate a range of uses including retail, service, spa and wellness, showroom, or office space. For operators seeking a storefront environment with strong pedestrian exposure and an adaptable interior, this space offers an efficient baseline for tenant improvements and merchandising.
    Location Intelligence

    Current Use by Public Records

    Central Pharmacy Boston Pharmacy

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • Blooms To Doors — 119 Braintree St, Allston, MA 02134

    Location Insight

    • Map
    • Local Demand
    City
    Allston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.13581
    Latitude
    42.34851

    Nearby Similar for Lease

    • Contact for pricing
      2,768 SF

      Retail/Medical Office Space with Basement

      Flexible first- and second-floor space with a basement for retail, medical, or office use.
      121 Harvard Ave, Allston, MA 02134
      View Details
    • Contact for pricing
      750 SF

      Retail Space Near Harvard Avenue

      Retail space with high foot traffic near public transportation.
      128 Harvard Ave, Allston, MA
      View Details
    • Contact for pricing
      1,676 SF

      Allston Office Space For Rent

      Office space featuring offices, conference room, and parking.
      1120 Soldiers Field Rd, Allston, MA
      View Details
    • Contact for pricing
      25,126 SF

      Allston Industrial Property with Parking

      25,126 SF industrial space with ample parking in Allston.
      22 Pratt St, Allston, MA
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space on Brighton Avenue

      Retail space for rent on the corner of Brighton and Harvard.
      148-154 Brighton Ave, Allston, MA
      View Details
    • Contact for pricing
      2,100 SF

      Allston Office/Flex Space Available

      First floor office/flex space available 3/1 in Allston.
      37-39 Brighton Ave, Allston, MA
      View Details
    • Contact for pricing
      8,324 SF

      Allston Retail Space For Rent

      Retail space with existing infrastructure in a growing neighborhood.
      211-219 Western Ave, Allston, MA
      View Details
    • Contact for pricing
      3,074 SF

      Allston Office Space Available Now

      Office spaces available for immediate rent in Allston, Massachusetts.
      35 Travis St, Allston, MA
      View Details
    • Contact for pricing
      3,264 SF

      Allston Retail Space For Rent

      Retail space with frontage, parking, and high foot traffic.
      56-64 Brighton Ave, Allston, MA
      View Details

    FAQs

    What type of property is this?
    Storefront property - Street-facing storefront with large display windows and open plan, suited for retail, service, wellness, showroom, or office use.
    Where is this storefront property located?
    The property is located at 1349 Commonwealth Ave Boston Allston, MA.
    What is the lease rate?
    The lease rate is $4,800 /Mo.
    What are key features of this property?
    This property features: Street‑facing storefront at 1349 Commonwealth Avenue in Allston, built in 1932; Large display windows and an open floor plan for retail, service, wellness, showroom, or office use; Expansive street‑facing frontage with prominent signage opportunities
    (508) 643-8166
    We can help!
    Listing Contact
    Amanda Lucido Hodges
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1349 Commonwealth Ave, Boston, MA, MA 02134
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!