Leased Retail
New
For Sale
$1,695,213
397b West Broadway, Boston, MA 02127
The occupied unit includes additional basement space and is subject to a double-net lease with renewal options.
Property Size1,788 SF
Price / SF$948.11
Days on Market6
Property Features for 397b West Broadway
General Information
Standard status
Active
Size
1,788 SF
Property subtype
Commercial
Additional Details
Floor
Ground
Building Details
Year Built
1900
Year Renovated
2018
Stories
4
Tenancy
Single
Listing Agency:
Horvath & Tremblay
Listed By:
Todd Tremblay · License #9504145
(617) 694-0004
Source:
Somervillelofts
Added: Oct 12
Changed: Oct 16
Last Checked: Oct 16 at 8:26AM
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.
This 1,788-square-foot retail condominium occupies part of the ground floor at Mariner’s Condominiums, a four-story mixed-use property redeveloped in 2018. The tenant, J.P. Licks, has occupied the space since 2018 and also has access to 1,387 square feet in the basement. The double-net lease has more than 11 years remaining in its primary term, two five-year options, and annual increases of 2%. The building contains three ground-floor retail condominiums and nine residential condominium units on the upper floors.
The property fronts West Broadway in Boston’s D Street/West Broadway area of the Seaport District. South Station and the Boston Convention and Exhibition Center are nearby, while Summer Street and Seaport Boulevard are within walking distance. The location also offers access to Downtown Boston, Boston Harbor, the Seaport, and Logan Airport.
The property fronts West Broadway in Boston’s D Street/West Broadway area of the Seaport District. South Station and the Boston Convention and Exhibition Center are nearby, while Summer Street and Seaport Boulevard are within walking distance. The location also offers access to Downtown Boston, Boston Harbor, the Seaport, and Logan Airport.
Key Highlights
- 1,788‑square‑foot retail condominium on the ground floor
- Tenant J.P. Licks has occupied the unit since 2018
- Access to 1,387 square feet of basement space
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,156
Businesses Nearby
81k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 35%
Home Improvements & Furnishings 6%
Electronics 1%
Speedway
Shops & Services
21,539 visits/mo
0.4 miles
Burger King
Dining
14,907 visits/mo
0.2 miles
Dunkin' Donuts
Dining
13,803 visits/mo
0.4 miles
Chase Bank
Shops & Services
11,483 visits/mo
0.1 miles
TD Bank
Shops & Services
4,579 visits/mo
0.2 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
Vacancy Rate% for Retail in Boston, MA
Frequently Asked Questions
What type of property is this?
Retail space - The occupied unit includes additional basement space and is subject to a double-net lease with renewal options.
Where is this retail space located?
The property is located at 397b 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 on the ground floor; Tenant J.P. Licks has occupied the unit since 2018; Access to 1,387 square feet of basement space
