Two-Level Retail
For Sale
Contact for pricing
1733 Centre Street, Boston, MA 02132
Ground-floor commercial space is complemented by an open lower level for a two-level business layout.
Property Size3,362 SF
Price / SF$1.49
Days on Market8
Property Features for 1733 Centre Street
General Information
Standard status
Active
Size
3,362 SF
Property subtype
Commercial
Site & Location
Neighborhood
Mission Hill
Additional Details
Floor
Ground Floor, Lower Level
Building Details
Year Built
1930
Stories
2
Listing Agency:
Keller Williams Realty
(617) 969-9000
Listed By:
Brian Kenneally · License #9014412
(617) 688-8800
Source:
Lockandkeyre
Added: Oct 22
Changed: Oct 29
Last Checked: Oct 28 at 7:36AM
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 Keller Williams Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,362-square-foot retail space at 1731-1733 Centre Street in Boston has commercial space on the ground floor and an open lower level. The building dates to 1930, and the two-level configuration provides distinct areas within the property.
The property is in West Roxbury, near the Belgrade Avenue and Centre Street intersection and directly across from West on Centre restaurant.
The property is in West Roxbury, near the Belgrade Avenue and Centre Street intersection and directly across from West on Centre restaurant.
Key Highlights
- 3,362 square feet across two levels
- Ground‑floor commercial space with an open lower level
- At 1731‑1733 Centre Street in West Roxbury, Boston
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,265
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,085,300
$1.1M
Cap Rate 7%
$775,214
$775.2K
Cap Rate 9%
$602,944
$602.9K
Market Conditions
NOI Build-Up for 3,362 SF
Gross rent
$84.7K $25.20/SF
− Vacancy
−$7.2K −$2.14/SF
EGI
$77.5K $23.06/SF
− OpEx
−$23.3K −$6.92/SF
NOI
$54.3K $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%
$1,085,300
Cap Rate 7%
$775,214
Cap Rate 9%
$602,944
Alternative Uses
Best Use
Retail
$775.2K
$678.3K – $904.4K
NOI $54,265 @ 7.0% cap · market cap 1,086.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.52M
$2.20M – $2.94M
NOI $176,223 @ 7.0% cap · market cap 3,527.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,768
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 58%
Shops & Services 17%
Dining 12%
Electronics 8%
Stop & Shop
Groceries
33,234 visits/mo
0.3 miles
Bank of America
Shops & Services
7,955 visits/mo
0.4 miles
Dunkin' Donuts
Dining
7,018 visits/mo
0.4 miles
T-Mobile
Electronics
3,087 visits/mo
0.3 miles
Rainbow
Apparel
2,699 visits/mo
0.3 miles
Demographics for 02132, MA
27,111
Population
11,967
Households
2.3
Avg Household Size
44
Median Age
64%
College-Educated
95%
High-School Grad
4.9 sq mi
ZIP Area
5,533
Density / Sq Mi
$139,545
Median Household Income
$75,760
Median Earnings
$2,140
Median Rent
$714,000
Median Home Value
Market
Vacancy Rate% for Retail in Boston, MA
Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor commercial space is complemented by an open lower level for a two-level business layout.
Where is this retail space located?
The property is located at 1733 Centre Street Boston, MA.
What are key features of this property?
This property features: 3,362 square feet across two levels; Ground‑floor commercial space with an open lower level; At 1731‑1733 Centre Street in West Roxbury, Boston
