Laundromat Retail
For Lease
$4,000/Mo
172 Salem Unit Laundry, Boston, MA 02113
Existing commercial laundry equipment, folding stations, and a customer service area support the retail operation.
Space SizeContact for details
Days on Market125
Property Features for 172 Salem Unit Laundry
General Information
Standard status
Active
Property subtype
COMMERCIAL
Additional Details
Sublease
Yes
Taxes and HOA fees
Annual Taxes
$999,999
Building Details
Year Built
1899
Listing Agency:
Blue Ocean Realty, LLC
Listed By:
Qian Zhang
(857) 498-0741
Source:
Mgsgrouprealestate
Added: May 12
Changed: Sep 12
Last Checked: Sep 13 at 10:55AM
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 Blue Ocean Realty, LLC
Investment Insights
Based on property information with market context.
This retail space operates as a laundromat with 8 commercial washers and 8 commercial dryers. The premises also include folding stations and a customer service area, providing an existing layout for laundry-related retail use. Equipment and laundry systems may require servicing or upgrades.
Located at 172 Salem St in Boston’s North End, the property serves a high-density residential area. The landlord has approved the lease transfer, supporting continuity of the existing operation. The building dates to 1899.
Located at 172 Salem St in Boston’s North End, the property serves a high-density residential area. The landlord has approved the lease transfer, supporting continuity of the existing operation. The building dates to 1899.
Key Highlights
- 8 commercial washers and 8 commercial dryers
- Folding stations and customer service area included
- Landlord has approved the lease transfer
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
12,999
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 58%
Beauty & Spa 16%
Dining 13%
Shops & Services 13%
Boston Marriott Long Wharf
Hotels & Casinos
25,424 visits/mo
0.4 miles
Marriott Vacation Club Pulse at Custom House, Boston
Hotels & Casinos
15,363 visits/mo
0.4 miles
Sephora
Beauty & Spa
13,861 visits/mo
0.4 miles
Chart House
Dining
7,933 visits/mo
0.5 miles
Santander Bank
Shops & Services
7,110 visits/mo
0.3 miles
Demographics for 02113, MA
7,126
Population
4,664
Households
1.5
Avg Household Size
29
Median Age
80%
College-Educated
98%
High-School Grad
0.1 sq mi
ZIP Area
71,260
Density / Sq Mi
$110,321
Median Household Income
$72,264
Median Earnings
$2,498
Median Rent
$693,900
Median Home Value
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Market
Lease Benchmarks for Boston, MA
$73.71 /SF/Yr
Avg Asking Price
$13.64–$200 /SF/Yr
Price Range
4,387 SF
Avg Space Size
Vacancy Rate% for Retail in Boston, MA
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Frequently Asked Questions
What type of property is this?
Retail space - Existing commercial laundry equipment, folding stations, and a customer service area support the retail operation.
Where is this retail space located?
The property is located at 172 Salem Unit Laundry Boston, MA.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: 8 commercial washers and 8 commercial dryers; Folding stations and customer service area included; Landlord has approved the lease transfer
