Brick Multi-Unit Retail
For Sale
$1,550,000
23-25 Meridian Street, Boston, MA 02128
Two retail units in a high-foot-traffic area, with one vacant space ready for a new tenant.
Days on Market479
Property Features for 23-25 Meridian Street
General Information
Standard status
Active
Property subtype
COMMERCIAL
Zoning
NSA
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
Perlera Real Estate
Listed By:
Arquimides Chinchilla
Source:
Jonathanradford
Added: Apr 8, 2025
Changed: Jul 10
Last Checked: Jul 29 at 10:49AM
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 Perlera Real Estate
Investment Insights
Based on property information with market context.
This brick retail commercial building at 23-25 Meridian Street includes two separate commercial spaces. Unit 1 is currently vacant and ready for a new business. Unit 2 is leased and operating as a spa and nail supply store, providing an existing tenant in one portion of the property. The building is configured to support two distinct occupancies within the same structure.
The property is described as being in a high-foot-traffic area. The building is presently zoned NSA, which allows multiple types of businesses. This zoning flexibility supports a range of potential uses for a purchaser evaluating different operating concepts for the vacant unit.
For buyers looking for a multi-tenant retail asset, the current setup offers the option to keep Unit 2 leased while preparing Unit 1 for occupancy. With one unit already operating and the other available, the property can fit users or investors seeking control over leasing strategy. The NSA zoning and two-unit layout make it practical for tenants and owners who want to consider a variety of neighborhood-serving commercial uses within the same address.
The property is described as being in a high-foot-traffic area. The building is presently zoned NSA, which allows multiple types of businesses. This zoning flexibility supports a range of potential uses for a purchaser evaluating different operating concepts for the vacant unit.
For buyers looking for a multi-tenant retail asset, the current setup offers the option to keep Unit 2 leased while preparing Unit 1 for occupancy. With one unit already operating and the other available, the property can fit users or investors seeking control over leasing strategy. The NSA zoning and two-unit layout make it practical for tenants and owners who want to consider a variety of neighborhood-serving commercial uses within the same address.
Key Highlights
- Brick retail commercial building built in 1920 with two commercial spaces
- Unit 1 is vacant and ready for a new business
- Unit 2 is leased for a spa and nail supply store
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,392
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 50%
Shops & Services 42%
Dining 8%
Shaw's Supermarket
Groceries
38,339 visits/mo
0.4 miles
Family Dollar
Shops & Services
9,246 visits/mo
0.5 miles
Mobil
Shops & Services
6,337 visits/mo
0.1 miles
7-Eleven
Shops & Services
4,983 visits/mo
0.5 miles
Citizens Bank
Shops & Services
4,286 visits/mo
0.5 miles
Demographics for 02128, MA
43,066
Population
19,124
Households
2.3
Avg Household Size
33
Median Age
38%
College-Educated
77%
High-School Grad
5.0 sq mi
ZIP Area
8,613
Density / Sq Mi
$92,079
Median Household Income
$48,549
Median Earnings
$2,009
Median Rent
$680,000
Median Home Value
Market
Vacancy Rate% for Retail in Boston, MA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Two retail units in a high-foot-traffic area, with one vacant space ready for a new tenant.
Where is this storefront property located?
The property is located at 23-25 Meridian Street Boston, MA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Brick retail commercial building built in 1920 with two commercial spaces; Unit 1 is vacant and ready for a new business; Unit 2 is leased for a spa and nail supply store
