Dorchester Avenue Corner Storefront
1759-1769 Dorchester Ave, Boston, MA 02124
For Sale
$1,790,000
Pending
Large corner lot storefront on Dorchester Avenue with high visibility.
Property Size3,668 SF
Lot Size0.11 Acres
Days on Market346
Property Features for 1759-1769 Dorchester Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
V & E Realty
Listed By:
Derek Wong · License #455500324
(617) 290-8289
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Jun 3 at 1:07PM
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 V & E Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located on a large corner lot at the intersection of Dorchester Avenue and Welles Avenue, this storefront commercial building offers high traffic volume and excellent visibility. The property, currently operating as a 99-cent store, spans approximately 3,668 square feet and features large windows. The space has the potential to be divided into two separate storefronts, making it suitable for convenience stores, restaurants, and other businesses. The basement provides additional storage space. The property presents potential for real estate development and/or starting a landlord/business enterprise.
Key Highlights
- Prime corner lot location on Dorchester Avenue at the intersection with Welles Avenue.
- High traffic volume and excellent visibility.
- Large storefront spanning approximately 3,668 sq. ft.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,613
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,412,260
$1.4M
Cap Rate 7%
$1,008,757
$1.0M
Cap Rate 9%
$784,589
$784.6K
Market Conditions
NOI Build-Up for 3,668 SF
Gross rent
$101.2K $27.60/SF
− Vacancy
−$7.1K −$1.93/SF
EGI
$94.2K $25.67/SF
− OpEx
−$23.5K −$6.42/SF
NOI
$70.6K $19.25/SF
Area
Boston, MA
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,412,260
Cap Rate 7%
$1,008,757
Cap Rate 9%
$784,589
Alternative Uses
Best Use
Specialty Retail
$1.01M
$882.7K – $1.18M
NOI $70,613 @ 7.0% cap · market cap 3.94%
Second Best
Retail
$845.8K
$740.1K – $986.7K
NOI $59,204 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$2.75M
$2.40M – $3.20M
NOI $192,262 @ 7.0% cap · market cap 10.74%
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
Location Intelligence
Trade Area within ½ mile
1,830
Businesses Nearby
72k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Groceries 31%
Shops & Services 10%
America's Food Basket
Groceries
14,708 visits/mo
0.4 miles
McDonald's
Dining
11,930 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,816 visits/mo
0.5 miles
KFC
Dining
9,008 visits/mo
0.5 miles
Crown Liquors
Groceries
7,388 visits/mo
0.4 miles
Demographics for 02124, MA
50,972
Population
21,264
Households
2.4
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
16,991
Density / Sq Mi
$79,168
Median Household Income
$43,483
Median Earnings
$1,783
Median Rent
$607,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Boston, MA
Properties on Market for Storefront properties in Boston
Vacancy Rate% for Retail in Boston, MA
Similar Off Market Nearby
- Lopez the Florist — 742 Adams St, Dorchester, MA 02122
- Wild Meadow Floral — None, Boston, MA 02122
- Patrycya's custom arrangements
- Kim's Flower Shop — 1491 Dorchester Ave, Dorchester, MA 02122
- Trang's Flower Shop — 283 Adams St, Dorchester, MA 02122
Frequently Asked Questions
What type of property is this?
Storefront property - Large corner lot storefront on Dorchester Avenue with high visibility.
Where is this storefront property located?
The property is located at 1759-1769 Dorchester Ave Boston, MA.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Prime corner lot location on Dorchester Avenue at the intersection with Welles Avenue.; High traffic volume and excellent visibility.; Large storefront spanning approximately 3,668 sq. ft.**
