First-Floor Office/Retail
350 Blue Hill Avenue Boston, MA 02121
350 Blue Hill Avenue, Boston, MA, 02121
$749,000
For Sale
$749,000
Renovated first-floor commercial condo with professional office buildout, reception, multiple private offices, and two restrooms.
Property Size2,044 SF
Price / SF$366.44
Days on Market19
Property Features for 350 Blue Hill Avenue
General Information
- Standard status
- Active
- Size
- 2,044 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2009
Listing agency
Keller Williams Realty Boston-Metro | Back Bay
Listed by
Lindsey & Associates Realty Team
(617) 661-6600
Source
Cambridgerealty
Added: Jul 3 Updated: Jul 21 at 6:49AM Checked: Jul 21 at 6:49AM
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 Keller Williams Realty Boston-Metro | Back Bay
Investment Insights
Based on property information with market context.
Turn-key commercial condominium opportunity along the Blue Hill Avenue corridor in Boston’s Grove Hall neighborhood. This first-floor unit provides a flexible office/retail interior and has been renovated with new flooring. The layout was reconfigured from a prior school/classroom use into a professional buildout with seven private offices, a conference room, a reception area, a large open office area, a break area, storage, utility areas, and two restrooms. Ceiling height is noted at 7'11".
The property includes three parking spaces and is described as having street-level visibility, supporting convenient access for day-to-day business operations.
For a buyer seeking a street-level commercial condo with a practical professional layout, the unit’s mix of private offices, collaboration space, and central reception is designed to support service-oriented office needs.
The property includes three parking spaces and is described as having street-level visibility, supporting convenient access for day-to-day business operations.
For a buyer seeking a street-level commercial condo with a practical professional layout, the unit’s mix of private offices, collaboration space, and central reception is designed to support service-oriented office needs.
Key Highlights
- Renovated first‑floor commercial condo with 7'11" ceiling height and flexible office/retail space
- Approximately 2,082 SF flexible office/retail area (floor plan notes approximately 2,044 SF gross office area)
- Professional office buildout includes 7 private offices, conference room, reception area, and large open office area
Local Financial Insights For Office B
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 | $103.0k | $50.40 |
| − Vacancy | −$22.7k | −$11.09 |
| EGI | $80.4k | $39.31 |
| − OpEx | −$20.1k | −$9.83 |
| NOI | $60.3k | $29.48 |
2,044 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$860.9K
$753.3K – $1.00M
NOI $60,265 @ 7.0% cap · market cap 8.05%
Second Best
Retail
$471.3K
$412.4K – $549.9K
NOI $32,991 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,138 @ 7.0% cap · market cap 14.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lindsey & Associates Realty
Real Estate Agency
Phat's Breezeway Restaurants ...
Nightclub
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FAQs
What type of property is this?
Office units - Renovated first-floor commercial condo with professional office buildout, reception, multiple private offices, and two restrooms.
Where is this office units located?
The property is located at 350 Blue Hill Avenue Boston, MA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Renovated first‑floor commercial condo with 7'11" ceiling height and flexible office/retail space; Approximately 2,082 SF flexible office/retail area (floor plan notes approximately 2,044 SF gross office area); Professional office buildout includes 7 private offices, conference room, reception area, and large open office area
