Retail and Office
160-170 Commonwealth Ave Boston, MA 02116
For Sale
Contact for pricing
First-floor and garden-level units in The Vendome building are delivered free and clear with separately metered utilities.
Property Size2,698 SF
Price / SF$678.28
Days on Market527
Property Features for 160-170 Commonwealth Ave
General Information
Standard status
Active
Size
2,698 SF
Property subtype
OFFICE
Listing Agency:
Boston Realty Advisors
(617) 850-9613
Listed By:
Aleksia Bulku
(508) 530-8226
Source:
Moodyscre
Added: Feb 18, 2025
Changed: Jul 28
Last Checked: Jul 29 at 3:40PM
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.
For sale at 160–170 Commonwealth Ave, these retail and office condominium units are located within The Vendome building. The offering includes first-floor units U-3B, U-4A, and U-5, along with a garden-level unit designated L-7. Utilities are separately metered for electricity and water.
The property is presented as a premier opportunity for commercial retail, office, and medical users, positioned in a centrally located Boston submarket noted in the public remarks. A key leasing/takeover point is that delivery is described as free and clear, with no existing leases in place.
Prospective buyers can review the configuration by unit designation across the first-floor and garden-level spaces, with ongoing operational items including independently metered electricity and water called out in the offering materials.
The property is presented as a premier opportunity for commercial retail, office, and medical users, positioned in a centrally located Boston submarket noted in the public remarks. A key leasing/takeover point is that delivery is described as free and clear, with no existing leases in place.
Prospective buyers can review the configuration by unit designation across the first-floor and garden-level spaces, with ongoing operational items including independently metered electricity and water called out in the offering materials.
Key Highlights
- First Floor units (U‑3B, U‑4A & U‑5) listed at $3,334,000.
- Garden Level unit (L‑7) listed at $1,965,000.
- Delivered free and clear, with no existing lease(s) in place.
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 | $145.4k | $53.88 |
| − Vacancy | −$22.8k | −$8.46 |
| EGI | $122.5k | $45.42 |
| − OpEx | −$30.6k | −$11.36 |
| NOI | $91.9k | $34.07 |
2,698 SF · lease $53.88/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $91,909 @ 7.0% cap · market cap 5.02%
Second Best
Retail
$770.1K
$673.9K – $898.5K
NOI $53,910 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M
NOI $111,804 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - First-floor and garden-level units in The Vendome building are delivered free and clear with separately metered utilities.
Where is this office units located?
The property is located at 160-170 Commonwealth Ave Boston, MA.
What is the asking price?
The asking price for this property is $1,830,000.
What are key features of this property?
This property features: First Floor units (U‑3B, U‑4A & U‑5) listed at $3,334,000.; Garden Level unit (L‑7) listed at $1,965,000.; Delivered free and clear, with no existing lease(s) in place.
