South Boston Office Space For
For Sale
$439,000
239 Dorchester Street Unit 1, Boston, MA 02127
1,225 SF office space in a prime South Boston location.
Property Size1,225 SF
Price / SF$358.37
Days on Market208
Property Features for 239 Dorchester Street Unit 1
General Information
Standard status
Active
Size
1,225 SF
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
Tucker Real Estate Advisors,Inc.
Listed By:
Evan Nolan
(603) 828-1384
Source:
Stevebremis
Added: Mar 12
Changed: Aug 17
Last Checked: Aug 17 at 8:52AM
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.
Investment Insights
Based on property information with market context.
Located at 239 Dorchester St #1, this 1,225 square foot commercial space is situated in the heart of South Boston, offering visibility and accessibility in an active corridor. The unit features a full bathroom, kitchenette, and a finished basement, providing flexible space. This property is suitable for both owner-users and investors seeking a commercial property in a high-demand South Boston location.
Key Highlights
- Prime South Boston location on Dorchester St, offering excellent visibility and accessibility.
- Rare opportunity to own commercial space in a high‑demand South Boston area.
- 1,225 square foot office space suitable for owner‑users or investors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,118
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$722,360
$722.4K
Cap Rate 7%
$515,971
$516.0K
Cap Rate 9%
$401,311
$401.3K
Market Conditions
NOI Build-Up for 1,225 SF
Gross rent
$61.7K $50.40/SF
− Vacancy
−$13.6K −$11.09/SF
EGI
$48.2K $39.31/SF
− OpEx
−$12.0K −$9.83/SF
NOI
$36.1K $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%
$722,360
Cap Rate 7%
$515,971
Cap Rate 9%
$401,311
Alternative Uses
Best Use
Office B
$516.0K
$451.5K – $602.0K
NOI $36,118 @ 7.0% cap · market cap 8.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$917.3K
$802.6K – $1.07M
NOI $64,210 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,887
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Boston, MA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - 1,225 SF office space in a prime South Boston location.
Where is this office units located?
The property is located at 239 Dorchester Street Unit 1 Boston, MA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Prime South Boston location on Dorchester St, offering excellent visibility and accessibility.; Rare opportunity to own commercial space in a high‑demand South Boston area.; 1,225 square foot office space suitable for owner‑users or investors.
