Single-Tenant Retail
397 B West Broadway, Boston, MA 02127
For Sale
Contact for pricing
J.P. Licks occupies the unit under a double-net lease with extension options.
Property Size1,788 SF
Price / SF$948.11
Days on Market36
Property Features for 397 B West Broadway
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Traffic Count
Highway Access
Additional Details
Floor
Tenant in Place
Building Details
Year Renovated
Buildings
Stories
Tenancy
Listing Agency:
Horvath & Tremblay
Listed By:
Bob Horvath · License CT #756500
(704) 409-2360
Source:
Crexi
Added: Oct 6
Changed: Nov 8
Last Checked: Nov 10 at 5:43AM
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 Horvath & Tremblay
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Investment Insights
Based on property information with market context.
The offering is a 1,788-square-foot retail condominium at 397 B West Broadway in Boston, leased to J.P. Licks. The tenant has access to an additional 1,387 square feet in the basement. The double-net lease has more than 11 years remaining, two 5-year renewal options, and annual 2% increases during the primary term.
The unit is part of Mariner’s Condominiums, a four-story mixed-use property redeveloped in 2018. The building contains three ground-floor retail condominiums and nine residential condominiums above. West Broadway frontage places the property on a commercial and commuter corridor; approximately 9,200 vehicles pass daily. Broadway Station is 0.6 miles away, and South Station is 1.4 miles away. The property is also 0.7 miles from the Boston Convention and Exhibition Center, with access to MBTA bus routes 9, 10, and 11 nearby.
The unit is part of Mariner’s Condominiums, a four-story mixed-use property redeveloped in 2018. The building contains three ground-floor retail condominiums and nine residential condominiums above. West Broadway frontage places the property on a commercial and commuter corridor; approximately 9,200 vehicles pass daily. Broadway Station is 0.6 miles away, and South Station is 1.4 miles away. The property is also 0.7 miles from the Boston Convention and Exhibition Center, with access to MBTA bus routes 9, 10, and 11 nearby.
Key Highlights
- 1,788‑square‑foot retail condominium with tenant access to 1,387 square feet in the basement
- J.P. Licks lease has 11+ years remaining, two 5‑year options, and 2% annual increases during the primary term
- Double Net (NN) lease
Property Analytics
Current Use
Lease Details
9,200 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6,658
Businesses Nearby
116k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 34%
Dining 32%
Apparel 20%
Shops & Services 10%
Anthropologie
Apparel
21,823 visits/mo
0.1 miles
Renaissance Boston Waterfront Hotel
Hotels & Casinos
21,492 visits/mo
0.3 miles
Ocean Prime
Dining
15,600 visits/mo
0.2 miles
Legal Sea Foods
Dining
13,295 visits/mo
0.4 miles
Hyatt Place Boston/Seaport District
Hotels & Casinos
10,675 visits/mo
0.4 miles
Demographics for 02127, MA
37,939
Population
19,495
Households
1.9
Avg Household Size
31
Median Age
69%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
18,066
Density / Sq Mi
$156,373
Median Household Income
$85,444
Median Earnings
$2,435
Median Rent
$858,600
Median Home Value
Market
Average Price Trend$/SF for Retail space in Boston, MA
Properties on Market for Retail space in Boston
Vacancy Rate% for Retail in Boston, MA
Frequently Asked Questions
What type of property is this?
Retail space - J.P. Licks occupies the unit under a double-net lease with extension options.
Where is this retail space located?
The property is located at 397 B West Broadway Boston, MA.
What is the asking price?
The asking price for this property is $1,695,213.
What are key features of this property?
This property features: 1,788‑square‑foot retail condominium with tenant access to 1,387 square feet in the basement; J.P. Licks lease has 11+ years remaining, two 5‑year options, and 2% annual increases during the primary term; Double Net (NN) lease
