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Renovated Retail Condominium
For Sale
$1,750,000

4-4 Clarendon St, Boston, MA 02116

Updated interior and flexible configuration support retail, office, showroom, studio, or professional use.

Property Size1,725 SF
Price / SF$1,014
Days on Market25

Property Features for 4-4 Clarendon St

General Information

Standard status Active
Size 1,725 SF

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $10,183
Listing Agency: Naples Realty Group
Listed By: Dalton Spingler
Source: Exprealty
Added: Sep 16 Changed: Oct 10 Last Checked: Oct 10 at 2:35AM

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 Naples Realty Group

Investment Insights

Based on property information with market context.

This 1,725-square-foot commercial condominium in Boston’s South End has received extensive interior improvements. Its adaptable layout supports retail, office, showroom, studio, or professional uses.

The property is across from the Boston Ballet, with public transportation, restaurants, surrounding neighborhoods, and major thoroughfares accessible nearby. On-site parking is available to rent.

Key Highlights

  • 1,725‑square‑foot commercial condominium
  • Extensive renovations and updated interior finishes
  • Layout supports retail, office, showroom, studio, or professional uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,763
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,260 $1.2M
Cap Rate 7%
$839,471 $839.5K
Cap Rate 9%
$652,922 $652.9K
Market Conditions
NOI Build-Up for 1,725 SF
Gross rent
$92.9K $53.88/SF
− Vacancy
−$14.6K −$8.46/SF
EGI
$78.4K $45.42/SF
− OpEx
−$19.6K −$11.36/SF
NOI
$58.8K $34.07/SF
Area
ZIP 02116
Vacancy
15.70%
Lease Rate
$53.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,175,260
Cap Rate 7%
$839,471
Cap Rate 9%
$652,922

Alternative Uses

Best Use
Office B
$839.5K
$734.5K – $979.4K (±1% cap)
NOI $58,763 @ 7.0% cap · market cap 3.36%
Second Best
Retail
$492.4K
$430.9K – $574.5K (±1% cap)
NOI $34,468 @ 7.0% cap · market cap 1.97%
Theoretical Best
Office A
$1.02M
$893.6K – $1.19M (±1% cap)
NOI $71,484 @ 7.0% cap · market cap 4.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store Plumbing Service Nursing Home Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13,302
Businesses Nearby

Demographics for 02116, MA

23,408
Population
14,110
Households
1.7
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
39,013
Density / Sq Mi
$127,309
Median Household Income
$85,296
Median Earnings
$2,341
Median Rent
$1,583,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Updated interior and flexible configuration support retail, office, showroom, studio, or professional use.
Where is this retail space located?
The property is located at 4-4 Clarendon St Boston, MA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 1,725‑square‑foot commercial condominium; Extensive renovations and updated interior finishes; Layout supports retail, office, showroom, studio, or professional uses
More about this property
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