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Somerset Parking Garage Space
For Sale
$125,000
Pending

425 Newbury Street, Boston, MA 02115

Covered parking space available for rent with 24-hour access.

Property SizeContact for details
Days on Market150

Property Features for 425 Newbury Street

General Information

Standard status Pending
Property subtype Land / Parking

Taxes and HOA fees

Annual Taxes $1,054

Amenities

None, Other (See Remarks), Other, None, No
Level

Building Details

Year Built 1984
Listing Agency: Linnane Real Estate
Listed By: Timothy Linnane · License #9070242
Source: Compass
Added: Mar 13 Changed: Aug 8 Last Checked: Jul 31 at 4:52PM

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 Linnane Real Estate

Investment Insights

Based on property information with market context.

A covered parking space is available for rent within the Somerset Parking Garage. The space offers 24-hour access. First month's rent and last month's rent are required.

Key Highlights

  • Covered parking space available
  • Available now
  • 24 hour access

Property Analytics

Current Use

Somerset Garage (Pilgrim ... Parking Lot & Garage

Suggested Use

Top Pick Food Market Daycare Center Auto Repair Shop Kitchen & Bath Showroom Grocery & Convenience Store (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.

Location Intelligence

Trade Area within ½ mile

6,350
Businesses Nearby
155k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 24% Dining 24% Groceries 15% Apparel 15%
Whole Foods Market Groceries
22,918 visits/mo 0.4 miles
Patagonia Apparel
22,661 visits/mo 0.2 miles
Shake Shack Dining
20,304 visits/mo 0.5 miles
Sheraton Hotels & Resorts Hotels & Casinos
17,688 visits/mo 0.4 miles
Wendy's Dining
14,786 visits/mo 0.2 miles

Demographics for 02115, MA

31,604
Population
11,556
Households
2.7
Avg Household Size
25
Median Age
67%
College-Educated
91%
High-School Grad
0.7 sq mi
ZIP Area
45,149
Density / Sq Mi
$53,398
Median Household Income
$13,950
Median Earnings
$2,033
Median Rent
$1,015,400
Median Home Value

Market

Vacancy Rate% for Retail in Boston, MA

3.9% 2019
4.6% 2020
4.2% 2021
4% 2022
3.5% 2023
3.2% 2024
3.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Covered parking space available for rent with 24-hour access.
Where is this parking lot & garage located?
The property is located at 425 Newbury Street Boston, MA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Covered parking space available; Available now; 24 hour access
More about this property
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