Kenmore Square Retail/Office
For Lease
Contact for pricing
488-490 Commonwealth Ave, Boston, MA
Finished basement space near Green Line and MBTA bus terminal.
Property Size5,876 SF
Lot Size0.88 Acres
Days on Market1303
Property Features for 488-490 Commonwealth Ave
General Information
Standard status
Active
Size
5,876 SF
Lot size
0.88 Acres
Property subtype
RETAIL
Listing Agency:
CRE Brokerage
(617) 725-0200
Listed By:
Joe Levanto
Source:
Moodyscre
Added: Jan 4, 2023
Changed: Jul 10
Last Checked: Jul 21 at 6:55AM
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 CRE Brokerage
Investment Insights
Based on property information with market context.
Located in Kenmore Square at the corner of Commonwealth Avenue and Kenmore Street, this property offers 5,876 square feet of finished basement space suitable for office or retail use, with additional storage available. Constructed in the 1890s, the building originally served as a hotel before being converted to its current use as elderly housing in 1984, comprising 199 units. The property is situated approximately 200 feet from the Green Line’s Kenmore station and an MBTA bus terminal, providing convenient access to public transportation. The space features a direct entrance and the potential for exterior signage. Up to 6-7 on-site parking spaces are available for a monthly charge. The current layout includes 3 private offices, a large conference room, 5 large cubicles with natural light, an open space, and a full kitchen. This space is located in Kenmore Square.
Key Highlights
- Prime Kenmore Square location at the corner of Commonwealth Ave. & Kenmore Street.
- Direct entrance to the space.
- Close proximity (approximately 200 ft) to the Green Line’s “Kenmore” station and MBTA bus terminal.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,981
Businesses Nearby
Explore this area
Business Placement
Market
Lease Benchmarks for Boston, MA
$65.76 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
4,574 SF
Avg Space Size
Vacancy Rate% for Office in Boston, MA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Finished basement space near Green Line and MBTA bus terminal.
Where is this retail space located?
The property is located at 488-490 Commonwealth Ave Boston, MA.
What are key features of this property?
This property features: Prime Kenmore Square location at the corner of Commonwealth Ave. & Kenmore Street.; Direct entrance to the space.; Close proximity (approximately 200 ft) to the Green Line’s “Kenmore” station and MBTA bus terminal.
