Open-Plan Retail
New
For Sale
Contact for pricing
2 Baldwin Place Unit c, Boston, MA 02113
The bright, contemporary interior offers a flexible open layout for commercial use.
Property Size1,000 SF
Price / SF$3.80
Days on Market4
Property Features for 2 Baldwin Place Unit c
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Amenities
open floorplan
abundant natural light
contemporary aesthetic
Building Details
Year Built
1900
Listing Agency:
True North Boston Realty LLC
(617) 982-6868
Listed By:
Maria Renda · License #448553250
(857) 222-6640
Source:
Lockandkeyre
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 3:00PM
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 True North Boston Realty LLC
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Investment Insights
Based on property information with market context.
This retail space provides approximately 1,000 square feet in an open configuration, with natural light and a contemporary interior. The adaptable floor plan can accommodate retail, professional office, showroom, or creative workspace uses.
The property is at 2 Baldwin Place, Unit C, in Boston’s North End, an area described as having active businesses and historic streets. The building dates to 1900.
The property is at 2 Baldwin Place, Unit C, in Boston’s North End, an area described as having active businesses and historic streets. The building dates to 1900.
Key Highlights
- Approximately 1,000 square feet
- Open layout with natural light
- Located in Boston’s North End
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,141
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,820
$322.8K
Cap Rate 7%
$230,586
$230.6K
Cap Rate 9%
$179,344
$179.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$25.2K $25.20/SF
− Vacancy
−$2.1K −$2.14/SF
EGI
$23.1K $23.06/SF
− OpEx
−$6.9K −$6.92/SF
NOI
$16.1K $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%
$322,820
Cap Rate 7%
$230,586
Cap Rate 9%
$179,344
Alternative Uses
Best Use
Office B
$421.2K
$368.6K – $491.4K
NOI $29,484 @ 7.0% cap · market cap 775.89%
Second Best
Retail
$230.6K
$201.8K – $269.0K
NOI $16,141 @ 7.0% cap · market cap 424.76%
Theoretical Best
Office A
$748.8K
$655.2K – $873.6K
NOI $52,416 @ 7.0% cap · market cap 1,379.37%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12,999
Businesses Nearby
Explore this area
Business Placement
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Retail space - The bright, contemporary interior offers a flexible open layout for commercial use.
Where is this retail space located?
The property is located at 2 Baldwin Place Unit c Boston, MA.
What are key features of this property?
This property features: Approximately 1,000 square feet; Open layout with natural light; Located in Boston’s North End
