Leased Retail
New
For Sale
$1,695,213
397B West Broadway, Boston, MA 02127
J.P. Licks occupies the unit under a double-net lease with annual escalations and extension options.
Property Size1,900 SF
Price / SF$948.11
Days on Market3
Property Features for 397B West Broadway
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Commercial
Lease Term
Existing Lease Type: Net
Additional Details
Floor
Ground
Building Details
Building Size
1,900 SF
Year Built
1900
Year Renovated
2018
Tenancy
Single
Listing Agency:
IVerty Realty, LLC
Listed By:
Mela Dieujuste
(413) 786-0584
Source:
Iverty
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 7:27AM
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 IVerty Realty, LLC
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Investment Insights
Based on property information with market context.
The offering is a 1,788-square-foot retail condominium on the ground floor of Mariner’s Condominiums, with an additional 1,387 square feet of basement access for the tenant. J.P. Licks has operated at the location since 2018. Its double-net lease has 11+ years remaining, two 5-year options, and 2% annual increases during the primary term. The four-story mixed-use building was redeveloped in 2018 and contains three ground-floor retail condominiums and nine residential condominiums above. The property is zoned MFR/LS.
At 397B West Broadway in Boston’s D Street/West Broadway area, the property has frontage on West Broadway. South Station and the Boston Convention and Exhibition Center are nearby; Summer Street and Seaport Boulevard are a short walk away. The property also has access to the Seaport, Downtown Boston, Boston Harbor, regional and local transportation at South Station, and Logan Airport.
At 397B West Broadway in Boston’s D Street/West Broadway area, the property has frontage on West Broadway. South Station and the Boston Convention and Exhibition Center are nearby; Summer Street and Seaport Boulevard are a short walk away. The property also has access to the Seaport, Downtown Boston, Boston Harbor, regional and local transportation at South Station, and Logan Airport.
Key Highlights
- 1,788‑square‑foot ground‑floor retail condominium with 1,387 square feet of basement access
- J.P. Licks has occupied the location since 2018
- Double‑net lease with 11+ years remaining and two 5‑year options
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?
NNN property - J.P. Licks occupies the unit under a double-net lease with annual escalations and extension options.
Where is this nnn property 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 ground‑floor retail condominium with 1,387 square feet of basement access; J.P. Licks has occupied the location since 2018; Double‑net lease with 11+ years remaining and two 5‑year options
