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Five-Story Office Building

55 Franklin Street, Boston, MA 02110

For Sale
$3,500,000

The building combines existing office tenancy with two vacant suites and long-term leases.

Property Size18,500 SF
Price / SF$222.22
Days on Market15

Property Features for 55 Franklin Street

General Information

Standard status Active
Size 18,500 SF
Property subtype Commercial
Zoning sky zoning district
Occupancy 60%

Site & Location

Neighborhood Downtown

Additional Details

Tenant in Place Yes
Property Use Office

Building Details

Year Built 1934
Buildings 1
Stories 5
Building Size 18,500 SF
Tenancy Multi
Listing Agency: Riverfront REALTORS
Listed By: Gregory McCarthy · License MA #449542467
Source: Inrealtyinc
Added: Oct 29 Changed: Nov 12 Last Checked: Nov 12 at 2:35PM

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 Riverfront REALTORS

Rey
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Investment Insights

Based on property information with market context.

This five-story office building includes a basement and dates to 1934. It is 60% occupied, with long-term leases in place and two vacant suites. The existing office configuration may accommodate an owner-occupant alongside leased space.

At 55 Franklin Street in downtown Boston, the property is two doors from Millennium Tower. The site is described as being in the Sky zoning district, which permits residential tower construction.

Key Highlights

  • Five stories plus a basement
  • 60% occupied with long‑term leases in place
  • Two vacant suites

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Nail Salon Food Market Hair Salon Accounting Firm (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

60%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

28,783
Businesses Nearby

Demographics for 02110, MA

2,921
Population
1,563
Households
1.9
Avg Household Size
49
Median Age
85%
College-Educated
99%
High-School Grad
0.2 sq mi
ZIP Area
14,605
Density / Sq Mi
$132,239
Median Household Income
$111,227
Median Earnings
$3,142
Median Rent
$1,104,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Boston, MA

$432 Jul
$510 Aug
$482 Sep
$311 Oct

Properties on Market for Office buildings in Boston

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - The building combines existing office tenancy with two vacant suites and long-term leases.
Where is this office building located?
The property is located at 55 Franklin Street Boston, MA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Five stories plus a basement; 60% occupied with long‑term leases in place; Two vacant suites
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