Commercial Office Condo with Three
200 Lincoln Street Unit 401, Boston, MA 02111
For Sale
$250,000
Fourth-floor commercial condo with a reception area, three windowed offices, and elevator access.
Property Size459 SF
Price / SF$544.66
Days on Market102
Property Features for 200 Lincoln Street Unit 401
General Information
Standard status
Size
Elevators
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Floor
Office Units
Building Details
Year Built
Tenancy
Listing Agency:
V & E Realty
Listed By:
Ray Liang
(617) 331-8705
Source:
Campionre
Added: Aug 1
Changed: Nov 8
Last Checked: Nov 10 at 7:31AM
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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Investment Insights
Based on property information with market context.
This 459-square-foot commercial office condo occupies the fourth floor of an elevator-equipped building constructed in 1920. The layout includes a reception area and three separate offices, each with a window that provides natural light. The space is positioned for office use within a multi-tenant commercial property.
The property is located at 200 Lincoln St Unit 401 in Boston’s Downtown/Chinatown area, within walking distance of the MBTA and near the South Station transit hub. Existing tenants in the building include health care, service, and professional offices, providing an established commercial office setting.
The property is located at 200 Lincoln St Unit 401 in Boston’s Downtown/Chinatown area, within walking distance of the MBTA and near the South Station transit hub. Existing tenants in the building include health care, service, and professional offices, providing an established commercial office setting.
Key Highlights
- 459 sq ft commercial office condo
- Reception area plus 3 separate offices
- Each office includes a window for natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,533
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,660
$270.7K
Cap Rate 7%
$193,329
$193.3K
Cap Rate 9%
$150,367
$150.4K
Market Conditions
NOI Build-Up for 459 SF
Gross rent
$23.1K $50.40/SF
− Vacancy
−$5.1K −$11.09/SF
EGI
$18.0K $39.31/SF
− OpEx
−$4.5K −$9.83/SF
NOI
$13.5K $29.48/SF
Area
Boston, MA
Vacancy
22.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,660
Cap Rate 7%
$193,329
Cap Rate 9%
$150,367
Alternative Uses
Best Use
Office B
$193.3K
$169.2K – $225.6K
NOI $13,533 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.7K
$300.7K – $401.0K
NOI $24,059 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
20,263
Businesses Nearby
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Business Placement
Demographics for 02111, MA
9,716
Population
4,535
Households
2.1
Avg Household Size
34
Median Age
57%
College-Educated
83%
High-School Grad
0.2 sq mi
ZIP Area
48,580
Density / Sq Mi
$70,865
Median Household Income
$42,225
Median Earnings
$1,994
Median Rent
$953,400
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Boston, MA
Properties on Market for Office Units in Boston
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Office unit - Fourth-floor commercial condo with a reception area, three windowed offices, and elevator access.
Where is this office unit located?
The property is located at 200 Lincoln Street Unit 401 Boston, MA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 459 sq ft commercial office condo; Reception area plus 3 separate offices; Each office includes a window for natural light
