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Prime Office Condos Near MGH
For Sale
$374,000

2 Hawthorne #102n, Boston, MA 02114

First-floor office condos near Mass General Hospital. Ideal for professionals.

Property Size1,393 SF
Price / SF$268.49
Days on Market97

Property Features for 2 Hawthorne #102n

General Information

Standard status Active
Size 1,393 SF
Property subtype Commercial

Building Details

Year Built 1967
Listing Agency: Allton Realty, LLC
Listed By: Frank Interrante
Source: Liongatere
Added: Apr 25 Changed: Jul 6 Last Checked: Jul 30 at 1:08PM

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 Allton Realty, LLC

Investment Insights

Based on property information with market context.

Four first-floor office condos are available across from Mass General Hospital in the Hawthorne Place Condominium. The location is suitable for medical, financial, or legal professionals, with access to highways, T lines, commuter rail, North Station, TD Garden, Beacon Hill, Faneuil Hall, Government Center, and Downtown. Each office suite includes visitor paid parking, private bathrooms, exam rooms, central reception areas, and kitchenettes. The condo fee covers 24/7 concierge service, heat, water, gas, central air, sewer, laundry facilities, and snow removal. The community comprises 480 residences, 25 professional office suites, and green space. Office sizes range from 605 sq ft to 1393 sq ft. Flexible floor plans are available, and parking can be rented or purchased at an additional cost.

Key Highlights

  • Prime location across from Mass General Hospital, ideal for medical, financial, or legal professionals.
  • Easy access to major highways, T lines, commuter rail, North Station, TD Garden, Beacon Hill, Faneuil Hall, Government Center, & Downtown.
  • Each office suite includes private bathrooms, exam rooms, central reception areas, and kitchenettes.

Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $50.1k $36.00
− Vacancy −$3.0k −$2.16
EGI $47.1k $33.84
− OpEx −$18.9k −$13.54
NOI $28.3k $20.30
1,393 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 40.00%

Alternative Uses

Best Use
Office B
$637.9K
$558.2K – $744.2K (±1% cap)
NOI $44,652 @ 7.0% cap · market cap 11.94%
Second Best
Healthcare Medical
$404.0K
$353.5K – $471.4K (±1% cap)
NOI $28,283 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$724.7K
$634.1K – $845.5K (±1% cap)
NOI $50,730 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Accounting Firm Skin Care Clinic Bakery Real Estate Agency Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

1,886
Businesses Nearby

Demographics for 02114, MA

14,469
Population
9,525
Households
1.5
Avg Household Size
33
Median Age
84%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
36,173
Density / Sq Mi
$135,057
Median Household Income
$94,465
Median Earnings
$2,933
Median Rent
$927,900
Median Home Value

Market

Vacancy Rate% for Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - First-floor office condos near Mass General Hospital. Ideal for professionals.
Where is this office units located?
The property is located at 2 Hawthorne #102n Boston, MA.
What is the asking price?
The asking price for this property is $374,000.
What are key features of this property?
This property features: Prime location across from Mass General Hospital, ideal for medical, financial, or legal professionals.; Easy access to major highways, T lines, commuter rail, North Station, TD Garden, Beacon Hill, Faneuil Hall, Government Center, & Downtown.; Each office suite includes private bathrooms, exam rooms, central reception areas, and kitchenettes.
More about this property
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