First-Floor Retail/Office
230 Friend Street Unit #1 Boston, MA 02114
230 Friend Street Unit #1, Boston, MA, 02114
$595,000
For Sale
$595,000
New construction first-floor commercial space with floor-to-ceiling windows and accessible layout in a standalone unit setting.
Property Size640 SF
Price / SF$929.69
Days on Market10
Property Features for 230 Friend Street Unit #1
General Information
- Standard status
- Active
- Size
- 640 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2026
Listing agency
Douglas Elliman Real Estate - The Sarkis Team
Listed by
The Sarkis Team
(617) 750-6378
Source
Benoitrealestate
Added: Jul 12 Updated: Jul 21 at 3:36AM Checked: Jul 21 at 3:36AM
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 Douglas Elliman Real Estate - The Sarkis Team
Investment Insights
Based on property information with market context.
Located at 230 Friend Street, Unit #1, this brand new first-floor commercial space totals 640 SF (±). The unit is designed with floor-to-ceiling windows for strong storefront visibility and includes accessibility for customer or client entry. As new construction, the space provides a clean starting point and the flexibility to build out to specific requirements, with modern building features and separated utility systems.
The property is situated in Boston’s Bulfinch Triangle, just steps from North Station, TD Garden, and the West End. The area is known for active foot traffic and convenient transit access, with proximity to major roadways and highways.
This offering represents a straightforward option for a first-floor retail or professional services use requiring a prominent frontage and a modern shell ready for build-out to fit the tenant’s needs.
The property is situated in Boston’s Bulfinch Triangle, just steps from North Station, TD Garden, and the West End. The area is known for active foot traffic and convenient transit access, with proximity to major roadways and highways.
This offering represents a straightforward option for a first-floor retail or professional services use requiring a prominent frontage and a modern shell ready for build-out to fit the tenant’s needs.
Key Highlights
- Brand new 2026 construction first‑floor commercial space at 230 Friend Street
- Unit #1 offers 640 SF +/- of first‑floor retail/commercial space
- Floor‑to‑ceiling windows provide visibility and a ground‑level, accessible layout
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.3k | $50.40 |
| − Vacancy | −$4.9k | −$7.66 |
| EGI | $27.4k | $42.74 |
| − OpEx | −$6.8k | −$10.68 |
| NOI | $20.5k | $32.05 |
640 SF · lease $50.40/SF/yr · vacancy 15.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$293.1K
$256.4K – $341.9K
NOI $20,515 @ 7.0% cap · market cap 3.45%
Second Best
Retail
$196.8K
$172.2K – $229.6K
NOI $13,773 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$333.0K
$291.3K – $388.5K
NOI $23,307 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
230 Friend St ...
Parking Lot & Garage
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - New construction first-floor commercial space with floor-to-ceiling windows and accessible layout in a standalone unit setting.
Where is this retail space located?
The property is located at 230 Friend Street Unit #1 Boston, MA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Brand new 2026 construction first‑floor commercial space at 230 Friend Street; Unit #1 offers 640 SF +/- of first‑floor retail/commercial space; Floor‑to‑ceiling windows provide visibility and a ground‑level, accessible layout
