Office Condo Near South
For Sale
$245,000
200 Lincoln St # 404, Boston, MA 02111
Office condominium with large windows, near South Station.
Property Size449 SF
Price / SF$545.66
Days on Market290
Property Features for 200 Lincoln St # 404
General Information
Standard status
Active
Size
449 SF
Property subtype
Commercial
Zoning
999
Site & Location
Neighborhood
Chinatown
Taxes and HOA fees
Annual Taxes
$4,495
Building Details
Building Size
449 SF
Year Built
1920
Listing Agency:
Cabot & Company
(617) 262-6200
Listed By:
Eric Shabshelowitz · License #147388-RE-AB
(617) 894-2138
Source:
Churchillprop
Added: Jan 12
Changed: Oct 25
Last Checked: Oct 28 at 5:51AM
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 Cabot & Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This front-facing office condominium features large windows and is situated on the 4th floor. The unit includes a large open work area and two private offices with windows. The building is professionally managed and is located steps away from South Station.
Key Highlights
- Steps away from South Station, a prime location for your business.
- Professionally managed building, ensuring smooth operations.
- Front‑facing unit with large windows, offering excellent natural light.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,238
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,760
$264.8K
Cap Rate 7%
$189,114
$189.1K
Cap Rate 9%
$147,089
$147.1K
Market Conditions
NOI Build-Up for 449 SF
Gross rent
$22.6K $50.40/SF
− Vacancy
−$5.0K −$11.09/SF
EGI
$17.7K $39.31/SF
− OpEx
−$4.4K −$9.83/SF
NOI
$13.2K $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%
$264,760
Cap Rate 7%
$189,114
Cap Rate 9%
$147,089
Alternative Uses
Best Use
Office B
$189.1K
$165.5K – $220.6K
NOI $13,238 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.2K
$294.2K – $392.3K
NOI $23,535 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
20,263
Businesses Nearby
Explore this area
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
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Office unit - Office condominium with large windows, near South Station.
Where is this office unit located?
The property is located at 200 Lincoln St # 404 Boston, MA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Steps away from South Station, a prime location for your business.; Professionally managed building, ensuring smooth operations.; Front‑facing unit with large windows, offering excellent natural light.
