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Versatile Flex Space in Boston

181 Old Colony Ave #A, Boston, MA 02127

For Lease
$18 SF/Yr NNN + CAM $6.50 /SF/Yr

6,727 sq ft flex space suitable for various uses.

Space SizeContact for details
Days on Market285

Property Features for 181 Old Colony Ave #A

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood South Boston

Taxes and HOA fees

Annual Taxes $166,162

Building Details

Year Built 1915
Listing Agency: V & E Realty
Listed By: Derek Wong · License MA #455500324
Source: Corcoran
Added: Jan 30 Changed: Sep 3 Last Checked: Aug 14 at 6:01AM

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

Rey
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Investment Insights

Based on property information with market context.

This approximately 6,727 sq. ft. unit, also known as 38-48 Damrell Street, South Boston, MA 02127, features two levels and a goods lift. The first floor offers 3,883 sq. ft., while the second floor provides 2,844 sq. ft. The property is suitable for multiple uses, including manufacturing, food processing, storage, and warehousing. A loading dock is available. The unit includes two reserved parking spaces. An overhead door allows van access. The lease is a Triple Net Lease (NNN) with a CAM of $6.5 per square foot.

Key Highlights

  • Large unit: Approximately 6,727 sq. ft. across two levels.
  • Versatile usage suitable for manufacturing, food processing, storage, warehousing, etc.
  • Loading dock available for convenient loading/unloading.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

C G Edwards Big Box & Wholesale Store Molecular Systems of New ... Industrial Consultant Life Raft & Survival ... Building Supply

Suggested Use

Top Pick Accounting Firm Law Firm (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Cosmetic Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,950
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02127, MA

37,939
Population
19,495
Households
1.9
Avg Household Size
31
Median Age
69%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
18,066
Density / Sq Mi
$156,373
Median Household Income
$85,444
Median Earnings
$2,435
Median Rent
$858,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Boston, MA

$20.14 /SF/Yr
Avg Asking Price
$11–$33 /SF/Yr
Price Range
7,796 SF
Avg Space Size

This space is priced 11% below the average of $20.14 /SF/Yr.

Properties on Market for Flex space in Boston

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Boston, MA

5.8% 2019
4.4% 2020
3.7% 2021
5.9% 2022
7.1% 2023
9.8% 2024
10.8% 2025

Similar Off Market Nearby

  • Euromart — 808 Dorchester Ave, Boston, MA 02125
  • Max Ultimate Food — 10 Newmarket Square, Boston, MA 02118
  • Above and Beyond Catering — 42 Plympton St, Boston, MA 02118
  • iCater — 444 Harrison Ave, Boston, MA 02118

Frequently Asked Questions

What type of property is this?
Flex space - 6,727 sq ft flex space suitable for various uses.
Where is this flex space located?
The property is located at 181 Old Colony Ave #A Boston, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Large unit: Approximately 6,727 sq. ft. across two levels.; Versatile usage suitable for manufacturing, food processing, storage, warehousing, etc.; Loading dock available for convenient loading/unloading.
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