For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Charlestown Mixed-Use Investment Opportunity Title is generated by Realmo AI

    250-252 Main St, Boston, MA 02129

    View on Map
    Claim this Listing
    For Sale
    $3,300,000

    Mixed-use property in Charlestown with retail and multifamily units.

    Type:Investment
    Property size:
    7,200 SF
    Price / SF:
    $458/SF
    Added:
    Apr 24, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 24 at 3:38 pm

    Property Features for 250-252 Main St

    General Information

    Standard status
    Active
    Size
    7,200 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1899

    We can help!

    Listing Contact
    Tim McGeary
    Tim McGeary

    Listing agent Tim McGeary

    Listing office Northeast Private Client Group | Greater Boston

    Listing date Apr 24, 2026

    Source Elliman

    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 Northeast Private Client Group | Greater Boston

    HighLights

    • Prime Charlestown location offering exceptional convenience and walkability.
    • Strong transit score (89) and bike score (96) offering excellent transportation options.
    • Mixed‑use property with retail and multifamily units (1 retail, 3 one‑bedroom, 4 two‑bedroom/two‑bathroom).
    • Recent capital improvements including roof, renovations to five residential units, butterfly system, and landscaping.
    • Tenants responsible for their own electric, heat, and hot water.
    • Proximity to local restaurants, cafes, grocery stores, Bunker Hill Monument, Charlestown Navy Yard, and Downtown Boston.

    Overview

    The Main Street Mixed-Use property, located at 250 Main St in Charlestown, MA, offers approximately 7,200 square feet of retail and multifamily space. The property includes one retail unit, three one-bedroom units, and four two-bedroom, two-bathroom units. Tenants are responsible for their own electric, heat, and hot water. Recent capital improvements include a new roof, renovations to five of the seven residential units, a butterfly system, and landscaping to the rear lawn for tenant use. The property is located in the heart of Charlestown, offering convenience and walkability. Tenants have immediate access to local restaurants, cafes, grocery stores, and neighborhood retail. It is also near Bunker Hill Monument, the Charlestown Navy Yard, and Downtown Boston. The location provides connectivity to major transportation routes and public transit. The bike score is 96, the walk score is 85, and the transit score is 89.

    Local Financial Insights For Mixed Use

    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 $302.4k $42.00
    − Vacancy −$21.2k −$2.94
    EGI $281.2k $39.06
    − OpEx −$105.5k −$14.65
    NOI $175.8k $24.41
    7,200 SF · lease $42.00/SF/yr · vacancy 7.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $2.51M
    $2.20M – $2.93M (±1% cap)
    NOI $175,770 @ 7.0% cap · market cap 5.33%
    Second Best
    Apartment 5plus
    $2.42M
    $2.11M – $2.82M (±1% cap)
    NOI $169,143 @ 7.0% cap · market cap 5.13%
    Theoretical Best
    Office A
    $5.39M
    $4.72M – $6.29M (±1% cap)
    NOI $377,395 @ 7.0% cap · market cap 11.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0668397
    Latitude
    42.3769796

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Charlestown with retail and multifamily units.
    Where is this mixed-use property located?
    The property is located at 250-252 Main St Boston, MA.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: Prime Charlestown location offering exceptional convenience and walkability.; Strong transit score (89) and bike score (96) offering excellent transportation options.; Mixed‑use property with retail and multifamily units (1 retail, 3 one‑bedroom, 4 two‑bedroom/two‑bathroom).
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message