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Three-Level Office Building
For Lease
$20 SF/Yr

420 Washington Street, Boston, MA 02124

Move-in ready three-level office building with private offices, conference and training rooms, and multiple kitchens or pantries.

Space SizeContact for details
Days on Market188

Property Features for 420 Washington Street

General Information

Standard status Active

Additional Details

Business Included Yes

Building Details

Year Built 1920
Stories 3
Listing Agency: DMG Brokerage,LLC
Listed By: Jonathan Simon
Source: Fairfieldrealtyboston
Added: Feb 28 Changed: Sep 2 Last Checked: Sep 4 at 10:25AM

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 DMG Brokerage,LLC

Investment Insights

Based on property information with market context.

This move-in ready three-level office building is designed for flexible, client-facing and administrative operations. The layout includes private offices on every floor, along with conference and training rooms and collaborative workspace. Multiple kitchens or pantries are available throughout to support day-to-day work needs.

The building includes handicap-accessible restrooms located throughout, with an additional shower on the second floor.

With a turnkey configuration and a practical mix of private and shared spaces, the property is well-suited for organizations looking for immediate occupancy.

Key Highlights

  • Three‑level office building built in 1920
  • Move‑in ready with private offices on every floor
  • Conference and training rooms plus collaborative workspace

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm HVAC Service Cafe & Coffee Shop Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store

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

Lease Details

Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby

Demographics for 02124, MA

50,972
Population
21,264
Households
2.4
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
16,991
Density / Sq Mi
$79,168
Median Household Income
$43,483
Median Earnings
$1,783
Median Rent
$607,200
Median Home Value

Market

Lease Benchmarks for Boston, MA

$28.75 /SF/Yr
Avg Asking Price
$20–$32 /SF/Yr
Price Range
37,131 SF
Avg Space Size

This space is priced 30% below the average of $28.75 /SF/Yr.

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?
Office building - Move-in ready three-level office building with private offices, conference and training rooms, and multiple kitchens or pantries.
Where is this office building located?
The property is located at 420 Washington Street Boston, MA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Three‑level office building built in 1920; Move‑in ready with private offices on every floor; Conference and training rooms plus collaborative workspace
More about this property
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