Office Suite with Private
New
For Sale
Contact for pricing
374 Centre St Unit R, Boston, MA 02130
A self-contained layout includes a private half bathroom and no shared common areas.
Property Size150 SF
Price / SF$7.33
Days on Market7
Property Features for 374 Centre St Unit R
General Information
Standard status
Active
Size
150 SF
Property subtype
Commercial
Additional Details
Floor
Street Level
Road Access
Yes
Building Details
Year Built
1900
Listing Agency:
Dillon Brennan Realty
Listed By:
Dillon Brennan · License #9539018-RE-AB
(617) 953-2741
Source:
Lockandkeyre
Added: Oct 13
Changed: Oct 19
Last Checked: Oct 19 at 2:23PM
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 Dillon Brennan Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This street-level office at 374 Centre St Unit R measures approximately 150 square feet and has a dedicated entrance from the street. A private half bathroom and the absence of shared common areas give the space a self-contained configuration. The office is positioned at the rear of the building, on its left side.
A large basement storage area may be added to the arrangement. The property is on Centre Street in Boston’s Jamaica Plain neighborhood.
A large basement storage area may be added to the arrangement. The property is on Centre Street in Boston’s Jamaica Plain neighborhood.
Key Highlights
- Approximately 150‑square‑foot office
- Dedicated street‑level entrance
- Private half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,423
Suggested Prices Based on Cap Rates
Cap Rate 5%
$88,460
$88.5K
Cap Rate 7%
$63,186
$63.2K
Cap Rate 9%
$49,144
$49.1K
Market Conditions
NOI Build-Up for 150 SF
Gross rent
$7.6K $50.40/SF
− Vacancy
−$1.7K −$11.09/SF
EGI
$5.9K $39.31/SF
− OpEx
−$1.5K −$9.83/SF
NOI
$4.4K $29.48/SF
Area
Boston, MA
Vacancy
22.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$88,460
Cap Rate 7%
$63,186
Cap Rate 9%
$49,144
Alternative Uses
Best Use
Office B
$63.2K
$55.3K – $73.7K
NOI $4,423 @ 7.0% cap · market cap 402.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$112.3K
$98.3K – $131.0K
NOI $7,862 @ 7.0% cap · market cap 714.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,821
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Office unit - A self-contained layout includes a private half bathroom and no shared common areas.
Where is this office unit located?
The property is located at 374 Centre St Unit R Boston, MA.
What are key features of this property?
This property features: Approximately 150‑square‑foot office; Dedicated street‑level entrance; Private half bathroom
