Commercial Condo Office
370 Beech St #C Boston, MA 02131
370 Beech St #C, Boston, MA, 02131
$379,000
For Sale
$379,000
Modern office condo offers an open layout with a private bathroom and dedicated storage in a 2016 building.
Property Size692 SF
Price / SF$547.69
Days on Market22
Property Features for 370 Beech St #C
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
413realestate
Added: Jun 30 Updated: Jul 20 at 8:55PM Checked: Jul 21 at 3:08AM
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 692-square-foot commercial condo office suite is located in a newer 2016 building and features a flexible open layout designed for a range of office uses. The space includes floor-to-ceiling windows and a private bathroom, along with dedicated storage.
The unit is positioned at a recognized intersection where Washington, Walworth, and Beech Streets converge, providing strong visibility. The condo is offered for sale.
The monthly condo fee is listed as $181 and includes water, sewer, master insurance, exterior maintenance, and snow removal, which may help simplify ongoing operating costs for the owner.
The unit is positioned at a recognized intersection where Washington, Walworth, and Beech Streets converge, providing strong visibility. The condo is offered for sale.
The monthly condo fee is listed as $181 and includes water, sewer, master insurance, exterior maintenance, and snow removal, which may help simplify ongoing operating costs for the owner.
Key Highlights
- 692 sq ft commercial condo built in 2015 in a newer 2016 building
- Light‑filled office with floor‑to‑ceiling windows and a flexible open layout
- Includes a private bathroom plus dedicated storage
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 ...
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Home.condo Business Auto.life
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FAQs
What type of property is this?
Office units - Modern office condo offers an open layout with a private bathroom and dedicated storage in a 2016 building.
Where is this office units located?
The property is located at 370 Beech St #C 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 built in 2015 in a newer 2016 building; Light‑filled office with floor‑to‑ceiling windows and a flexible open layout; Includes a private bathroom plus dedicated storage
