First-Floor Retail
New
For Sale
Contact for pricing
164 Blue Hill Avenue, Boston, MA 02119
Renovated storefront space occupies the ground level of a maintained building on Blue Hill Avenue.
Property Size1,100 SF
Price / SF$2.55
Days on Market6
Property Features for 164 Blue Hill Avenue
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Commercial
Additional Details
Floor
Ground
Building Details
Year Built
1899
Listing Agency:
N.O.W. Realty
(857) 203-0101
Listed By:
Christina Burton
(857) 998-0195
Source:
Lockandkeyre
Added: Oct 14
Changed: Oct 19
Last Checked: Oct 19 at 2:18PM
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 N.O.W. Realty
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Investment Insights
Based on property information with market context.
A renovated 1,100-square-foot retail space is located on the first floor of a maintained building at 164 Blue Hill Avenue in Boston. The storefront configuration and flexible interior layout support a range of commercial arrangements.
The building dates to 1899. The property is on Blue Hill Avenue in Boston, Massachusetts.
The building dates to 1899. The property is on Blue Hill Avenue in Boston, Massachusetts.
Key Highlights
- 1,100‑square‑foot first‑floor retail space
- Renovated interior in a maintained building
- Located at 164 Blue Hill Avenue, Boston
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,755
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,100
$355.1K
Cap Rate 7%
$253,643
$253.6K
Cap Rate 9%
$197,278
$197.3K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$27.7K $25.20/SF
− Vacancy
−$2.4K −$2.14/SF
EGI
$25.4K $23.06/SF
− OpEx
−$7.6K −$6.92/SF
NOI
$17.8K $16.14/SF
Area
Boston, MA
Vacancy
8.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,100
Cap Rate 7%
$253,643
Cap Rate 9%
$197,278
Alternative Uses
Best Use
Retail
$253.6K
$221.9K – $295.9K
NOI $17,755 @ 7.0% cap · market cap 634.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$823.7K
$720.7K – $961.0K
NOI $57,658 @ 7.0% cap · market cap 2,059.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,619
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 44%
McDonald's
Dining
39,955 visits/mo
0.2 miles
Shell
Shops & Services
15,214 visits/mo
0.4 miles
AutoZone
Shops & Services
13,395 visits/mo
0.3 miles
XFINITY Store by Comcast
Shops & Services
1,696 visits/mo
0.3 miles
U-Haul
Shops & Services
744 visits/mo
0.3 miles
Demographics for 02119, MA
29,175
Population
12,937
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
18,234
Density / Sq Mi
$43,255
Median Household Income
$38,664
Median Earnings
$1,252
Median Rent
$668,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Boston, MA
Frequently Asked Questions
What type of property is this?
Retail space - Renovated storefront space occupies the ground level of a maintained building on Blue Hill Avenue.
Where is this retail space located?
The property is located at 164 Blue Hill Avenue Boston, MA.
What are key features of this property?
This property features: 1,100‑square‑foot first‑floor retail space; Renovated interior in a maintained building; Located at 164 Blue Hill Avenue, Boston
