South End Storefront
For Sale
Contact for pricing
540 Tremont Street, Boston, MA 02118
Street-level commercial space offers flexible sizing for retail or other storefront-oriented uses.
Property Size2,900 SF
Price / SF$0.02
Days on Market636
Property Features for 540 Tremont Street
General Information
Standard status
Active
Size
2,900 SF
Property subtype
Commercial
Lease Type
Net
Building Details
Year Built
1899
Listing Agency:
Eastern Land Company
Listed By:
Stephen Pleines
(617) 286-3830
Source:
Churchillprop
Added: Jan 21, 2025
Changed: Oct 6
Last Checked: Oct 19 at 5:11AM
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 Eastern Land Company
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Investment Insights
Based on property information with market context.
Storefront commercial space is available at 540 Tremont Street in Boston’s South End. The property offers approximately 1,450 SF, with availability expandable to approximately 2,900 SF.
Built in 1899, the property sits on Tremont Street within the South End. Its street-facing format provides a commercial setting for businesses seeking a presence in this Boston neighborhood.
Built in 1899, the property sits on Tremont Street within the South End. Its street-facing format provides a commercial setting for businesses seeking a presence in this Boston neighborhood.
Key Highlights
- Approximately 1,450 SF available, expandable to approximately 2,900 SF
- Located at 540 Tremont Street in Boston’s South End
- 1899 construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,724
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,480
$1.1M
Cap Rate 7%
$796,057
$796.1K
Cap Rate 9%
$619,156
$619.2K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$87.0K $30.00/SF
− Vacancy
−$7.4K −$2.55/SF
EGI
$79.6K $27.45/SF
− OpEx
−$23.9K −$8.24/SF
NOI
$55.7K $19.22/SF
Area
ZIP 02118
Vacancy
8.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,480
Cap Rate 7%
$796,057
Cap Rate 9%
$619,156
Alternative Uses
Best Use
Retail
$796.1K
$696.6K – $928.7K
NOI $55,724 @ 7.0% cap · market cap 123,831.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.54M
NOI $152,549 @ 7.0% cap · market cap 338,997.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
13,302
Businesses Nearby
114k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Apparel 21%
Shops & Services 14%
Hotels & Casinos 14%
Whole Foods Market
Groceries
43,710 visits/mo
0.4 miles
Neiman Marcus
Apparel
24,205 visits/mo
0.4 miles
DoubleTree by Hilton Hotel Boston - Downtown
Hotels & Casinos
15,586 visits/mo
0.5 miles
Mobil
Shops & Services
9,976 visits/mo
0.4 miles
Bank of America
Shops & Services
5,347 visits/mo
0.1 miles
Demographics for 02118, MA
29,073
Population
15,554
Households
1.9
Avg Household Size
36
Median Age
58%
College-Educated
87%
High-School Grad
1.1 sq mi
ZIP Area
26,430
Density / Sq Mi
$90,142
Median Household Income
$73,110
Median Earnings
$1,748
Median Rent
$1,029,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Boston, MA
Similar Off Market Nearby
- Winston Flowers — 160 Southampton St, Boston, MA 02118
- Sunny Florists — Boston, MA 02127
- Lotus Designs — 977 Tremont St, Boston, MA 02120
- Lotus Designs Flowers — 977-979B Tremont St, Roxbury, MA 02120
- Olympia Flower Store — 1745 Washington St, Boston, MA 02118
Frequently Asked Questions
What type of property is this?
Storefront property - Street-level commercial space offers flexible sizing for retail or other storefront-oriented uses.
Where is this storefront property located?
The property is located at 540 Tremont Street Boston, MA.
What are key features of this property?
This property features: Approximately 1,450 SF available, expandable to approximately 2,900 SF; Located at 540 Tremont Street in Boston’s South End; 1899 construction
