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    230 Tremont St, Unit Boston Boston, MA 02116

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    For Sale
    $3,980,000

    Fully stabilized mixed-use property in Boston's vibrant Theater District.

    Property Features for 230 Tremont St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1910

    Source: City Realty Group Agent Sean Rose

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Theater District Mixed-Use Investment Property

    Located in the Theater District, near historic theaters, the Boston Common, and universities, this investment property is .2 miles from I-93 South and within walking distance of MBTA stations. The property features a street-level retail unit and three newly renovated luxury residential units above. Two residences include 3 bedrooms and 2 full baths, while the third offers 3 bedrooms with 1.5 baths. The residences feature modern finishes and layouts. This property offers access to dining, culture, and transit.
    Location Intelligence

    Current Use by Public Records

    Lilah's Tarot Card ... Psychic Vivi Bubble Tea ... Dessert Shop Subway Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Law Firm Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0646
    Latitude
    42.35129

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    FAQs

    What type of property is this?
    Mixed-use property - Fully stabilized mixed-use property in Boston's vibrant Theater District.
    Where is this mixed-use property located?
    The property is located at 230 Tremont St, Unit Boston Boston, MA.
    What is the asking price?
    The asking price for this property is $3,980,000.
    What are key features of this property?
    This property features: - Prime Theater District location near historic theaters, Boston Common, and universities.; - Fully stabilized investment property with strong appeal for residents and investors.; - Three newly renovated luxury residential units.
    (617) 751-5119
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    230 Tremont St, Unit Boston Boston, MA 02116
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