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    Beauty Retail Suite with Built-In Sink Title is generated by Realmo AI

    200 Lincoln St #102, Boston, MA 02111

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    For Lease
    $1,650 /Mo

    Three-room suite with a built-in sink, well-suited for professional personal-care and client-facing services.

    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 1:48 am

    Property Features for 200 Lincoln St #102

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1920

    We can help!

    Listing Contact
    Wai Yi Sammi Ng

    Listing agent Wai Yi Sammi Ng License #448552045

    Listing office Real Broker MA, LLC

    Listing date Jun 1, 2026

    Source Threehillsres

    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 Real Broker MA, LLC

    HighLights

    • Three‑room suite with a built‑in sink, well‑suited for client‑facing professional services
    • Built in 1920
    • Suitable for a wide range of uses such as salon/facial, acupuncture, dentist, doctor's office, and other professional services
    • Tenant responsible for monthly rent and electric usage only

    Overview

    This established facial beauty retail space includes three spacious rooms designed to support client-facing service operations. A built-in sink is already in place, adding practical functionality for services where on-site handwashing or preparation is helpful. The layout offers flexibility for a range of professional uses beyond beauty, including health and wellness services and other business models that benefit from a multi-room suite configuration.

    Conveniently located near Chinatown and Boston’s Financial District, the property is positioned for accessible, professional traffic. The space is available as a lease opportunity, with straightforward tenant responsibilities noted as monthly rent and electric usage only.

    Given the current build-out and room configuration, the suite is a strong fit for operators seeking a ready-to-work environment without relying on extensive interior changes. It may be particularly appealing for salon or facial services, acupuncture and other wellness uses, and traditional office formats such as a dentist, doctor’s office, or similar professional practice. The flexible nature of the space also supports a variety of other client-service businesses, including real estate, insurance, legal, tax preparation, or yoga studio operations where a clean, professional setting matters.
    Location Intelligence

    Current Use by Public Records

    Win Win Construction ... Construction Company Ip Piano School Vocational School Mak Wing-Wah Notary ... Law Firm Family Firm Institute ... Charitable Organization Fiore Healthcare Advisors Corporate Office

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Boston Integrated Health — 209 Columbus Ave Suite 402, Boston, MA 02116
    • étant, A Spa for Well Being — 524 Tremont St, Boston, MA 02116
    • Eastway Wellness LLC - Boston — 360 Tremont St Suite B, Boston, MA 02116
    • The Fit Founder — 407 D St, Boston, MA 02210
    • OsteoStrong SoWa Boston — 560 Harrison Ave #302, Boston, MA 02118

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.05858
    Latitude
    42.35026

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    FAQs

    What type of property is this?
    Spa & wellness property - Three-room suite with a built-in sink, well-suited for professional personal-care and client-facing services.
    Where is this spa & wellness property located?
    The property is located at 200 Lincoln St #102 Boston, MA.
    What is the lease rate?
    The lease rate is $1,650 /Mo.
    What are key features of this property?
    This property features: Three‑room suite with a built‑in sink, well‑suited for client‑facing professional services; Built in 1920; Suitable for a wide range of uses such as salon/facial, acupuncture, dentist, doctor's office, and other professional services
    (617) 833-8856
    We can help!
    Listing Contact
    Wai Yi Sammi Ng
    Real Estate License ID: 448552045
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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