South Boston Office Space For
For Sale
$439,000
239 Dorchester Street #1, Boston, MA 02127
1,225 SF office space in a high-demand South Boston location.
Property Size1,225 SF
Price / SF$358.37
Days on Market97
Property Features for 239 Dorchester Street #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.
(617) 922-5772
Listed By:
Evan Nolan
(617) 922-5772
Source:
Liongatere
Added: Apr 25
Changed: Jul 10
Last Checked: Jul 30 at 12:06PM
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 commercial space offers 1,225 square feet of office space in South Boston. The unit benefits from its location in one of the neighborhood's most active corridors, providing excellent visibility and accessibility. The space includes a full bathroom, kitchenette, and a finished basement, offering additional flexible space. This unit is suitable for both owner-users and investors looking to secure a commercial property in a high-demand South Boston location.
Key Highlights
- Prime South Boston location on Dorchester Street, offering high visibility and accessibility.
- Rare opportunity to own commercial space in a high‑demand South Boston location.
- 1,225 square foot office space suitable for owner‑users or investors.
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 | $61.7k | $50.40 |
| − Vacancy | −$13.6k | −$11.09 |
| EGI | $48.2k | $39.31 |
| − OpEx | −$12.0k | −$9.83 |
| NOI | $36.1k | $29.48 |
1,225 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,322
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
Market
Vacancy Rate% for Office in Boston, MA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 1,225 SF office space in a high-demand South Boston location.
Where is this office units located?
The property is located at 239 Dorchester Street #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 Street, offering high visibility and accessibility.; Rare opportunity to own commercial space in a high‑demand South Boston location.; 1,225 square foot office space suitable for owner‑users or investors.
