Ground-Floor Retail Condo
362-364 W Broadway #C Boston, MA 02127
New
For Sale
$1,100,000
Commercial condo features a large open ground-floor area and a finished lower level with high ceilings.
Property Size1,789 SF
Price / SF$614.87
Days on Market4
Property Features for 362-364 W Broadway #C
General Information
- Standard status
- Active
- Size
- 1,789 SF
Building Details
- Year Built
- 2017
Listing Agency:
Cabot & Company
(617) 894-2138
Listed By:
Eric Shabshelowitz
Source:
Insightrealtygroup
Added: Jul 21
Changed: Jul 24
Last Checked: Jul 24 at 4:34AM
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 Cabot & Company
Investment Insights
Based on property information with market context.
362–364 W Broadway, Unit C is a high-visibility commercial condominium suite arranged with a large open ground-floor area and a finished lower level with high ceilings. Large storefront windows provide street-facing presence, supporting exposure for businesses seeking prominent visibility.
The space is positioned along West Broadway in Boston’s South Boston area, with access suited to retail, wellness, fitness, medical, creative, and service-oriented operations as described in the listing.
The overall configuration offers an adaptable interior footprint for combining an open main level with additional finished space below, supported by substantial storefront glazing at grade.
The space is positioned along West Broadway in Boston’s South Boston area, with access suited to retail, wellness, fitness, medical, creative, and service-oriented operations as described in the listing.
The overall configuration offers an adaptable interior footprint for combining an open main level with additional finished space below, supported by substantial storefront glazing at grade.
Key Highlights
- 362–364 W Broadway, Unit C commercial condo built in 2017
- Large open ground‑floor area with a finished lower level
- Finished lower level includes high ceilings
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 | $90.2k | $50.40 |
| − Vacancy | −$19.8k | −$11.09 |
| EGI | $70.3k | $39.31 |
| − OpEx | −$17.6k | −$9.83 |
| NOI | $52.7k | $29.48 |
1,789 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$753.5K
$659.3K – $879.1K
NOI $52,747 @ 7.0% cap · market cap 4.80%
Second Best
Healthcare Medical
$518.9K
$454.1K – $605.4K
NOI $36,324 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,772 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Commercial condo features a large open ground-floor area and a finished lower level with high ceilings.
Where is this storefront property located?
The property is located at 362-364 W Broadway #C Boston, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 362–364 W Broadway, Unit C commercial condo built in 2017; Large open ground‑floor area with a finished lower level; Finished lower level includes high ceilings
