Medical Office with Storefront
1634 Blue Hill Ave, Boston, MA 02126
For Sale
Contact for pricing
Updated interior finishes and building systems support a range of professional and customer-facing uses.
Property Size2,364 SF
Price / SF$0.02
Days on Market10
Property Features for 1634 Blue Hill Ave
General Information
Standard status
Size
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
DMG Brokerage, LLC
Listed By:
Dan Gardner
(781) 591-3232
Source:
Lockandkeyre
Added: Nov 1
Changed: Nov 8
Last Checked: Nov 8 at 7:07AM
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 DMG Brokerage, LLC
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Investment Insights
Based on property information with market context.
This 2,364-square-foot medical office space at 1634 Blue Hill Ave was built in 1909 and has undergone recent interior work. Improvements include flooring, lighting, HVAC, and other interior updates. The space was previously configured for dental or medical practice and is available immediately.
The property fronts Blue Hill Avenue and has prominent storefront signage. Mattapan Trolley Station and multiple bus lines are nearby, with residential density and pedestrian activity in the surrounding area.
The property fronts Blue Hill Avenue and has prominent storefront signage. Mattapan Trolley Station and multiple bus lines are nearby, with residential density and pedestrian activity in the surrounding area.
Key Highlights
- 2,364 square feet of medical office space
- Previously configured for dental or medical practice
- Recent improvements include flooring, lighting, HVAC, and interior updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,999
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,980
$960.0K
Cap Rate 7%
$685,700
$685.7K
Cap Rate 9%
$533,322
$533.3K
Market Conditions
NOI Build-Up for 2,364 SF
Gross rent
$85.1K $36.00/SF
− Vacancy
−$5.1K −$2.16/SF
EGI
$80.0K $33.84/SF
− OpEx
−$32.0K −$13.54/SF
NOI
$48.0K $20.30/SF
Area
Boston, MA
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,980
Cap Rate 7%
$685,700
Cap Rate 9%
$533,322
Alternative Uses
Best Use
Office B
$995.7K
$871.3K – $1.16M
NOI $69,700 @ 7.0% cap
Second Best
Healthcare Medical
$685.7K
$600.0K – $800.0K
NOI $47,999 @ 7.0% cap
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $123,911 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02126, MA
22,734
Population
9,617
Households
2.4
Avg Household Size
38
Median Age
24%
College-Educated
87%
High-School Grad
1.8 sq mi
ZIP Area
12,630
Density / Sq Mi
$67,206
Median Household Income
$42,397
Median Earnings
$1,659
Median Rent
$515,000
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Boston, MA
Properties on Market for Medical Office Space in Boston
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Medical Office Space - Updated interior finishes and building systems support a range of professional and customer-facing uses.
Where is this medical office space located?
The property is located at 1634 Blue Hill Ave Boston, MA.
What are key features of this property?
This property features: 2,364 square feet of medical office space; Previously configured for dental or medical practice; Recent improvements include flooring, lighting, HVAC, and interior updates
