First-Floor Office Suite with
For Sale
Contact for pricing
275 Old Colony Ave, Boston, MA 02127
First-floor office unit with a full bathroom, wet bar, hardwood floors, and mini-split air conditioning.
Property Size600 SF
Price / SF$5.33
Days on Market179
Property Features for 275 Old Colony Ave
General Information
Standard status
Active
Size
600 SF
Property subtype
Commercial
Zoning
CC
Site & Location
Neighborhood
South Boston
Taxes and HOA fees
Annual Taxes
$2,972
Building Details
Year Built
2016
Listing Agency:
Rooney Real Estate, LLC
(617) 269-1000
Listed By:
Jack Rooney
(617) 645-5435
Source:
Churchillprop
Added: Apr 30
Changed: Oct 6
Last Checked: Oct 24 at 3:08PM
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 Rooney Real Estate, LLC
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Investment Insights
Based on property information with market context.
This well-located first-floor office suite offers approximately 600 square feet of professional space, designed for immediate occupancy. The unit includes a full bathroom with shower and a wet bar, along with hardwood floors and abundant natural light. Comfort is supported by mini-split air conditioning, and the space has recently received cosmetic updates.
The property is situated at 275 Old Colony Ave in Boston’s Andrew Square area, providing an office setting with visibility and a straightforward layout for everyday business use.
The property is situated at 275 Old Colony Ave in Boston’s Andrew Square area, providing an office setting with visibility and a straightforward layout for everyday business use.
Key Highlights
- 600 sq ft first‑floor office unit with immediate occupancy
- Full bathroom with shower plus wet bar in the unit
- Hardwood floors throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,690
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,800
$353.8K
Cap Rate 7%
$252,714
$252.7K
Cap Rate 9%
$196,556
$196.6K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$30.2K $50.40/SF
− Vacancy
−$6.7K −$11.09/SF
EGI
$23.6K $39.31/SF
− OpEx
−$5.9K −$9.83/SF
NOI
$17.7K $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%
$353,800
Cap Rate 7%
$252,714
Cap Rate 9%
$196,556
Alternative Uses
Best Use
Office B
$252.7K
$221.1K – $294.8K
NOI $17,690 @ 7.0% cap · market cap 552.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$449.3K
$393.1K – $524.2K
NOI $31,450 @ 7.0% cap · market cap 982.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,788
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Office unit - First-floor office unit with a full bathroom, wet bar, hardwood floors, and mini-split air conditioning.
Where is this office unit located?
The property is located at 275 Old Colony Ave Boston, MA.
What are key features of this property?
This property features: 600 sq ft first‑floor office unit with immediate occupancy; Full bathroom with shower plus wet bar in the unit; Hardwood floors throughout
