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Retail Space in Luxury Condominium

55 Lagrange Boston, MA 02116

55 Lagrange, Boston, MA, 02116
$800,000
For Sale
Claim this Listing
$800,000

Ground-floor retail space in downtown Boston's new luxury condominium.

Property Size1,331 SF
Price / SF$601.05
AddedApr 25
Days on Market83
Last RefreshJul 15 at 6:43 pm

Property Features for 55 Lagrange

General Information

Standard status
Active
Size
1,331 SF
Property subtype
Commercial

Building Details

Year Built
2022

Listing office Boston Realty Advisors

Listing date Apr 25, 2026

Source Liongatere

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 Boston Realty Advisors


Investment Insights

Based on property information with market context.

This 1,331 square foot ground-floor retail space is available for sale or lease within The Parker, a recently constructed luxury condominium building featuring 168 residences. Situated on LaGrange Street in Downtown Boston, the property benefits from high visibility and substantial pedestrian traffic. The modern construction and flexible layout make it suitable for various retail or service-oriented businesses. This offering presents a unique opportunity within a new luxury residential development, conveniently located near Boston Common, the Theater District, and Downtown Crossing.

Key Highlights

  • Prime 1,331 SF ground‑floor retail space in a newly constructed luxury condominium.
  • Located in Downtown Boston on LaGrange Street with strong visibility and high pedestrian traffic.
  • Situated in The Parker, a new luxury condominium building with 168 residences.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $41.2k $30.96
− Vacancy −$3.2k −$2.41
EGI $38.0k $28.55
− OpEx −$11.4k −$8.56
NOI $26.6k $19.98
1,331 SF · lease $30.96/SF/yr · vacancy 7.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$379.9K
$332.4K – $443.3K (±1% cap)
NOI $26,595 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$787.9K
$689.5K – $919.3K (±1% cap)
NOI $55,156 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Real Estate Agency Accounting Firm Carpet & Flooring Store Spa & Massage Center (Bike/Boat/Book/etc) Store Home Appliance Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Ground-floor retail space in downtown Boston's new luxury condominium.
Where is this retail space located?
The property is located at 55 Lagrange Boston, MA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Prime 1,331 SF ground‑floor retail space in a newly constructed luxury condominium.; Located in Downtown Boston on LaGrange Street with strong visibility and high pedestrian traffic.; Situated in The Parker, a new luxury condominium building with 168 residences.
Contact an agent
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