Ground-Floor Retail
55 Lagrange St Boston, MA 02116
55 Lagrange St, Boston, MA, 02116
$800,000
For Sale
$800,000
Ground-floor retail suite in The Parker, a newly constructed luxury condominium building with 168 residences.
Property Size1,331 SF
Price / SF$601.05
Days on Market195
Property Features for 55 Lagrange St
General Information
- Standard status
- Active
- Size
- 1,331 SF
Listing agency
Boston Realty Advisors
(617) 375-7900
Listed by
Whitney Gallivan
Source
Exprealty
Added: Jan 7 Updated: Jul 21 at 4:45AM Checked: Jul 21 at 4:45AM
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 331 SF ground-floor retail space is available for lease or sale within The Parker, a newly constructed luxury condominium building. The unit features modern construction and a flexible layout designed to support a range of retail and service requirements.
Located on LaGrange Street in Downtown Boston, the property sits near Boston Common, the Theater District, and Downtown Crossing, placing it within a dense, walkable urban setting.
Offered in a compact, street-level configuration, the suite provides an efficient footprint for operators seeking a retail presence at the base of a new residential development.
Located on LaGrange Street in Downtown Boston, the property sits near Boston Common, the Theater District, and Downtown Crossing, placing it within a dense, walkable urban setting.
Offered in a compact, street-level configuration, the suite provides an efficient footprint for operators seeking a retail presence at the base of a new residential development.
Key Highlights
- 1,331 SF ground‑floor retail space for lease or sale at The Parker
- Located in The Parker, a newly constructed luxury condominium building with 168 residences
- Ground‑floor retail on LaGrange Street in Downtown Boston
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
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
NOI $55,156 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Parker
Condominium Complex
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Ground-floor retail suite in The Parker, a newly constructed luxury condominium building with 168 residences.
Where is this retail space located?
The property is located at 55 Lagrange St 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: 1,331 SF ground‑floor retail space for lease or sale at The Parker; Located in The Parker, a newly constructed luxury condominium building with 168 residences; Ground‑floor retail on LaGrange Street in Downtown Boston
