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Renovated Mixed-Use Property
For Lease
$5,000,000

370-372 Centre St, Boston, MA 02130

The property combines two street-level commercial spaces with four renovated apartments.

Space SizeContact for details
Days on Market51

Property Features for 370-372 Centre St

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Jamaica Plain

Taxes and HOA fees

Annual Taxes $30,327

Building Details

Year Built 1892
Listing Agency: Compass
Listed By: Mission Realty Advisors
Source: Ma-cthomes
Added: Sep 9 Changed: Oct 25 Last Checked: Oct 28 at 4:39AM

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 Compass

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Investment Insights

Based on property information with market context.

Located at 370-372 Centre St in Boston’s Hyde Square, this mixed-use property contains 9,768 square feet of rentable area, including two commercial spaces at street level and four four-bedroom, two-bathroom apartments. The residential units have undergone gut renovations and are leased through September 1, 2027. The property was built in 1892 and reports a 6.5% cap rate.

Centre Street provides access to neighborhood restaurants, shops, and services, with the Route 39 bus operating along the corridor. Jackson Square provides Orange Line service, while Green Line access is available near Longwood. The property is also near the Longwood Medical Area, Jamaica Pond, Whole Foods Market, the Arnold Arboretum, and Franklin Park. It may be acquired independently or together with 374 Centre Street, a separate seven-unit mixed-use property.

Key Highlights

  • 9,768 square feet of rentable area at 370‑372 Centre St, Boston, MA 02130
  • Two street‑level commercial spaces and four 4‑bedroom, 2‑bath residential apartments
  • Residential units gut renovated to modern standards

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Accounting Firm Big Box & Wholesale Store Computer & Electronic Repair HVAC Service Clothing & Fashion Store

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

1,821
Businesses Nearby

Demographics for 02130, MA

38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Boston, MA

$29.79 /SF/Yr
Avg Asking Price
$25–$36.92 /SF/Yr
Price Range
3,931 SF
Avg Space Size

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines two street-level commercial spaces with four renovated apartments.
Where is this mixed-use property located?
The property is located at 370-372 Centre St Boston, MA.
What is the lease rate?
The lease rate is $5,000,000.
What are key features of this property?
This property features: 9,768 square feet of rentable area at 370‑372 Centre St, Boston, MA 02130; Two street‑level commercial spaces and four 4‑bedroom, 2‑bath residential apartments; Residential units gut renovated to modern standards
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