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Charlestown Mixed-Use Retail & Multifamily

250-252 Main Street Boston, MA 02129

Claim this Listing
For Sale
$3,300,000

7,200 SF mixed-use property in the heart of Charlestown.

Type:Multi-Family
Property size:
7,188 SF
Price / SF:
$459/SF
Added:
Mar 27, 2026
Days on Market:
107
Last Refresh:
Apr 21 at 11:57 am

Property Features for 250-252 Main Street

General Information

Standard status
Active
Size
7,188 SF
Property subtype
Multi-Family

Building Details

Year Built
1899

Listing office Northeast Private Client Group, LLC

Listing date Mar 27, 2026

Source Arborviewrealtyinc

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, LLC


Investment Insights

Based on property information with market context.

The Main Street Mixed-Use property, located at 250 Main St in Charlestown, MA, offers 7,200 +/- SF 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 located moments from Bunker Hill Monument, the Charlestown Navy Yard, and Downtown Boston. The location provides connectivity to major transportation routes and public transit.

Key Highlights

  • Prime Charlestown location with exceptional convenience and walkability to restaurants, cafes, grocery stores, and neighborhood retail.
  • Mixed‑use property with retail space and a mix of (3) one‑bedroom and (4) two‑bedroom/two‑bathroom residential units.
  • Recent capital improvements including roof, renovations to five residential units, butterfly system, and landscaping.

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 $301.9k $42.00
− Vacancy −$21.1k −$2.94
EGI $280.8k $39.06
− OpEx −$105.3k −$14.65
NOI $175.5k $24.41
7,188 SF · lease $42.00/SF/yr · vacancy 7.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$2.51M
$2.19M – $2.92M (±1% cap)
NOI $175,477 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$2.41M
$2.11M – $2.81M (±1% cap)
NOI $168,861 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$5.38M
$4.71M – $6.28M (±1% cap)
NOI $376,766 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Nail Salon Spa & Massage Center Hair Salon Kitchen & Bath Showroom Food Market Grocery & Convenience Store Carpet & Flooring Store Home Appliance Store Daycare Center Catering Service

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

FAQs

What type of property is this?
Mixed-use property - 7,200 SF mixed-use property in the heart of Charlestown.
Where is this mixed-use property located?
The property is located at 250-252 Main Street 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 with exceptional convenience and walkability to restaurants, cafes, grocery stores, and neighborhood retail.; Mixed‑use property with retail space and a mix of (3) one‑bedroom and (4) two‑bedroom/two‑bathroom residential units.; Recent capital improvements including roof, renovations to five residential units, butterfly system, and landscaping.
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