Street-Level Office
For Sale
Contact for pricing
202 W Broadway, Boston, MA 02127
An existing office arrangement includes open work space, enclosed offices, a conference room, and a kitchenette.
Property Size1,000 SF
Price / SF$6
Days on Market9
Property Features for 202 W Broadway
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Space & Availability
Floor
Street Level
Condition
Second Generation
Site & Location
Neighborhood
South Boston
Road Access
Yes
Additional Details
Property Use
Office/Retail
Amenities
open workspace
private offices
conference room
kitchenette
Building Details
Year Built
2013
Listing Agency:
Tucker Real Estate Advisors, Inc.
Listed By:
Dodge Tucker
(603) 828-1384
Source:
Lockandkeyre
Added: Oct 21
Changed: Oct 29
Last Checked: Oct 28 at 6:57AM
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 Tucker Real Estate Advisors, Inc.
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Investment Insights
Based on property information with market context.
This 1,000-square-foot office unit occupies the street level and was built in 2013. Its existing plan combines an open work area with private offices, a conference room, and a kitchenette. The property is at 202 W Broadway in Boston’s South Boston area.
Key Highlights
- 1,000 SF of street‑level space
- Open work area, private offices, conference room, and kitchenette
- Built in 2013
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,484
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,680
$589.7K
Cap Rate 7%
$421,200
$421.2K
Cap Rate 9%
$327,600
$327.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$50.4K $50.40/SF
− Vacancy
−$11.1K −$11.09/SF
EGI
$39.3K $39.31/SF
− OpEx
−$9.8K −$9.83/SF
NOI
$29.5K $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%
$589,680
Cap Rate 7%
$421,200
Cap Rate 9%
$327,600
Alternative Uses
Best Use
Office B
$421.2K
$368.6K – $491.4K
NOI $29,484 @ 7.0% cap · market cap 491.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$748.8K
$655.2K – $873.6K
NOI $52,416 @ 7.0% cap · market cap 873.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,532
Businesses Nearby
Explore this area
Business Placement
Demographics for 02127, MA
37,939
Population
19,495
Households
1.9
Avg Household Size
31
Median Age
69%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
18,066
Density / Sq Mi
$156,373
Median Household Income
$85,444
Median Earnings
$2,435
Median Rent
$858,600
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?
Office unit - An existing office arrangement includes open work space, enclosed offices, a conference room, and a kitchenette.
Where is this office unit located?
The property is located at 202 W Broadway Boston, MA.
What are key features of this property?
This property features: 1,000 SF of street‑level space; Open work area, private offices, conference room, and kitchenette; Built in 2013
