160 Commonwealth Avenue #L10&L10A, Boston, MA 02116

Building Details

Building Size 1,975 SF More

Year Built 1975 More

Listing Agency: Linnane Real Estate Show Phone

Listed By: Timothy Linnane · License MA #9070242 Show Phone

Source: Iverty

Added: Jul 9 Changed: Nov 8 Last Checked: Nov 10 at 7:38AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This commercial condominium office suite offers approximately 1,601 square feet of combined space with a built-out interior configuration. The layout includes five private offices, one conference room, and flexible open workspace areas designed to support a range of professional workflows. The space also features original exposed brick and custom millwork, along with architectural character intended for a prestigious work environment.

The suite is prominently front-facing on Commonwealth Avenue in Boston’s Back Bay. The building is a landmark white-façade condominium property that originally opened as the grand Hotel Vendome and is now home to commercial condominiums and luxury residences.

The space is available for purchase as two combined commercial condominium offices, with the ability to further customize as desired.

Key Highlights

• Approx. 1,601 SF combined commercial condominium office suite
• Five private offices plus one conference room
• Flexible open workspace areas for a variety of professional uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$54,539

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,090,780 $1.1M

Cap Rate 7%

$779,129 $779.1K

Cap Rate 9%

$605,989 $606.0K

What to ask about pricing

Market Conditions

NOI Build-Up for 1,601 SF

Gross rent

$86.3K $53.88/SF

− Vacancy

−$13.5K −$8.46/SF

EGI

$72.7K $45.42/SF

− OpEx

−$18.2K −$11.36/SF

NOI

$54.5K $34.07/SF

Area

ZIP 02116

Vacancy

15.70%

Lease Rate

$53.88 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,090,780

Cap Rate 7%

$779,129

Cap Rate 9%

$605,989

Alternative Uses

Best Use

Office B

$779.1K

$681.7K – $909.0K (±1% cap)

NOI $54,539 @ 7.0% cap

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$947.8K

$829.3K – $1.11M (±1% cap)

NOI $66,345 @ 7.0% cap

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Simreet Khaira Physician Anthony Catalfano Interiors Interior Design City Shopper, Inc Publishing House Graphic Resources Architect Buttermilk & Bourbon Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center HVAC Service Auto Parts Store Butcher Nursing Home

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

10,350

Businesses Nearby

Explore this area Business Placement

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

Market

Average Price Trend$/SF for Office Units in Boston, MA

$472 Jul

$402 Aug

$371 Sep

$367 Oct

Properties on Market for Office Units in Boston

Jul

Aug

Sep

Oct

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 unit - Office suite offers five private offices, a conference room, and flexible open workspace with original exposed brick.

Where is this office unit located?

The property is located at 160 Commonwealth Avenue #L10&L10A Boston, MA.

What are key features of this property?

This property features: Approx. 1,601 SF combined commercial condominium office suite; Five private offices plus one conference room; Flexible open workspace areas for a variety of professional uses