Commercial Condo Office
370 Beech St #3 Boston, MA 02131
370 Beech St #3, Boston, MA, 02131
$379,000
For Sale
$379,000
Office condo in a 2016 building with floor-to-ceiling windows, private bathroom, and dedicated storage.
Property Size692 SF
Price / SF$547.69
Days on Market30
Property Features for 370 Beech St #3
General Information
- Standard status
- Active
- Size
- 692 SF
Building Details
- Year Built
- 2015
Listing agency
Compass
(978) 248-8081
Listed by
The Muncey Group
Source
Insightrealtygroup
Added: Jun 22 Updated: Jul 21 at 12:20AM Checked: Jul 21 at 2:58AM
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
Investment Insights
Based on property information with market context.
This 2016 commercial condo office suite offers a light-filled interior with floor-to-ceiling windows, soaring ceilings, and a flexible open layout. The unit includes a private bathroom and dedicated storage, supporting day-to-day client and staff needs.
The property is located at a recognizable intersection where Washington, Walworth, and Beech Streets converge, providing visibility in a busy area.
Condo fees are reported as $181 per month and include water, sewer, master insurance, exterior maintenance, and snow removal. The suite is offered for sale as a commercial condo within a newer mixed-use-style building.
The property is located at a recognizable intersection where Washington, Walworth, and Beech Streets converge, providing visibility in a busy area.
Condo fees are reported as $181 per month and include water, sewer, master insurance, exterior maintenance, and snow removal. The suite is offered for sale as a commercial condo within a newer mixed-use-style building.
Key Highlights
- 692 sq ft commercial condo in a 2016 building (Year built: 2015).
- Floor‑to‑ceiling windows and soaring ceilings with a flexible open layout.
- Private bathroom plus dedicated storage included.
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 | $34.9k | $50.40 |
| − Vacancy | −$7.7k | −$11.09 |
| EGI | $27.2k | $39.31 |
| − OpEx | −$6.8k | −$9.83 |
| NOI | $20.4k | $29.48 |
692 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$291.5K
$255.0K – $340.1K
NOI $20,403 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$518.2K
$453.4K – $604.5K
NOI $36,272 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bender Hatch Insurance, ...
Insurance Agency
Thomas Black Auto ...
Insurance Agency
Home.condo Business Auto.life
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FAQs
What type of property is this?
Office units - Office condo in a 2016 building with floor-to-ceiling windows, private bathroom, and dedicated storage.
Where is this office units located?
The property is located at 370 Beech St #3 Boston, MA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 692 sq ft commercial condo in a 2016 building (Year built: 2015).; Floor‑to‑ceiling windows and soaring ceilings with a flexible open layout.; Private bathroom plus dedicated storage included.
