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High-End Office Suite
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29-31 Newbury St, Boston, MA 02116

Flexible-term office suite in a five-story building with high-end private offices and meeting rooms.

Property Size617 SF
Days on Market1275

Property Features for 29-31 Newbury St

General Information

Standard status Active
Size 617 SF
Total Parking Spaces 4
Property subtype OFFICE

Additional Details

Flexible Term Yes
Business Included No

Building Details

Stories 5
Listing Agency: Hunneman
Listed By: Peter Bean
Source: Moodyscre
Added: Feb 1, 2023 Changed: Jul 28 Last Checked: Jul 29 at 2:19PM

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 Hunneman

Investment Insights

Based on property information with market context.

This flexible-term office suite is located in a five-story building and features a high-end build-out with a mix of private offices and meeting rooms. It was formerly occupied by a venture capital firm, and the interior configuration is geared toward private workspaces and shared meetings.

Parking is available for up to four spaces at the rear of the building and/or via neighboring parking garages.

At 29-31 Newbury St, the space is set up for straightforward office use, with the existing private office and meeting room layout supporting a range of professional tenant needs.

Key Highlights

  • Flexible‑term office suite in a five‑story building
  • High‑end build‑out with a mix of private offices and meeting rooms
  • Parking available: four spaces at the rear of the building and/or neighboring parking garages

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Home Appliance Store HVAC Service Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

10,350
Businesses Nearby

Demographics for 02116, MA

23,408
Population
14,110
Households
1.7
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
39,013
Density / Sq Mi
$127,309
Median Household Income
$85,296
Median Earnings
$2,341
Median Rent
$1,583,500
Median Home Value

Market

Lease Benchmarks for Boston, MA

$32.64 /SF/Yr
Avg Asking Price
$9.75–$96.43 /SF/Yr
Price Range
8,196 SF
Avg Space Size

Vacancy Rate% for Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible-term office suite in a five-story building with high-end private offices and meeting rooms.
Where is this office units located?
The property is located at 29-31 Newbury St Boston, MA.
What are key features of this property?
This property features: Flexible‑term office suite in a five‑story building; High‑end build‑out with a mix of private offices and meeting rooms; Parking available: four spaces at the rear of the building and/or neighboring parking garages
(781) 771-7715 Call to check price and availability
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