Institutional-Scale Office in Park
For Sale
Contact for pricing
31 Saint James Avenue, Boston, MA 02116
540,000 SF office building in Boston's Park Square.
Property Size540,000 SF
Days on Market173
Property Features for 31 Saint James Avenue
General Information
Standard status
Active
Size
540,000 SF
Property subtype
Office
Zoning
RA
Building Details
Year Built
1922
Listing Agency:
Tranzon Auction Properties
(207) 776-1936
Listed By:
Mike Carey · License #ME DB919594
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Jul 22 at 12:22PM
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 Tranzon Auction Properties
Investment Insights
Based on property information with market context.
The property at 31 Saint James Avenue is an institutional-scale, 11-story office building with approximately 540,000 square feet of space, situated in Boston's Park Square / Back Bay submarket. Originally constructed circa 1922 and reportedly renovated in 2013, the building is referenced as LEED Gold certified. It occupies a central urban block with frontage extending toward Providence Street. The immediate area features commercial density, transit connectivity, hospitality infrastructure, and residential growth. The building offers 24-hour access, controlled entry, on-site management, conferencing facilities, restaurant and convenience retail components, security systems, and elevator banks. Nearby parking is available. The building also features sprinkler systems and vertical transportation infrastructure. Municipal assessment records indicate a FY2026 assessed value of $118,617,800 with a commercial classification. Given its scale, institutional profile, and location within Boston's core office corridor, the asset may warrant evaluation for long-term income hold, capital structure optimization or recapitalization, lease-up or tenant remerchandising initiatives, and ESG-aligned repositioning considerations.
Key Highlights
- Prime location in Boston's Park Square / Back Bay submarket with excellent transit connectivity.
- Substantial 540,000 square foot institutional‑scale office building.
- LEED Gold certified, appealing to environmentally conscious tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14,063
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Boston, MA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 540,000 SF office building in Boston's Park Square.
Where is this office building located?
The property is located at 31 Saint James Avenue Boston, MA.
What are key features of this property?
This property features: Prime location in Boston's Park Square / Back Bay submarket with excellent transit connectivity.; Substantial 540,000 square foot institutional‑scale office building.; LEED Gold certified, appealing to environmentally conscious tenants.
