Retail Space with Freight
For Sale
Contact for pricing
60 Canal, Boston, MA 02114
Centrally located downtown retail with 100+ feet window-line, high ceilings, and direct elevator access.
Property Size42,000 SF
Price / SF$0.00
Days on Market261
Property Features for 60 Canal
General Information
Standard status
Active
Size
42,000 SF
Property subtype
Commercial
Zoning
Gen. Area
Site & Location
Neighborhood
West End
Taxes and HOA fees
Annual Taxes
$333,536
Building Details
Building Size
42,000 SF
Year Built
1899
Listing Agency:
Back Bay Properties Corp.
Listed By:
Eric R. Hersum · License #9003635
(617) 728-7200
Source:
Churchillprop
Added: Feb 10
Changed: Oct 25
Last Checked: Oct 28 at 5:27AM
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 Back Bay Properties Corp.
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Investment Insights
Based on property information with market context.
This retail space features exposed brick and beam construction, with high ceilings and strong natural light throughout. The configuration includes 100+ feet of window-line per floor, supporting prominent street-level presentation for retail uses. Access is designed for both customers and operations, with direct elevator access plus a dedicated freight elevator.
Located in downtown Boston’s Bulfinch Triangle, the property is positioned for convenient walk-up access within the central business area. The listing notes easy access to public transportation, which can support both daily customer traffic and employee commutes.
The combination of extensive window frontage, elevated ceiling heights, and direct elevator service can fit a range of retail concepts that benefit from visibility and straightforward logistics. With immediate availability indicated, the property is being marketed as an active opportunity for retailers or investors seeking a centrally situated downtown location with freight-capable access.
Located in downtown Boston’s Bulfinch Triangle, the property is positioned for convenient walk-up access within the central business area. The listing notes easy access to public transportation, which can support both daily customer traffic and employee commutes.
The combination of extensive window frontage, elevated ceiling heights, and direct elevator service can fit a range of retail concepts that benefit from visibility and straightforward logistics. With immediate availability indicated, the property is being marketed as an active opportunity for retailers or investors seeking a centrally situated downtown location with freight-capable access.
Key Highlights
- Downtown Boston Bulfinch Triangle retail space with 100+ feet of window‑line per floor
- Exposed brick and beam construction
- High ceilings with great natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$903,874
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,077,480
$18.1M
Cap Rate 7%
$12,912,486
$12.9M
Cap Rate 9%
$10,043,044
$10.0M
Market Conditions
NOI Build-Up for 42,000 SF
Gross rent
$1.41M $33.60/SF
− Vacancy
−$120.0K −$2.86/SF
EGI
$1.29M $30.74/SF
− OpEx
−$387.4K −$9.22/SF
NOI
$903.9K $21.52/SF
Area
ZIP 02114
Vacancy
8.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,077,480
Cap Rate 7%
$12,912,486
Cap Rate 9%
$10,043,044
Alternative Uses
Best Use
Retail
$12.91M
$11.30M – $15.06M
NOI $903,874 @ 7.0% cap · market cap 1,506,456.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$21.85M
$19.12M – $25.49M
NOI $1,529,539 @ 7.0% cap · market cap 2,549,231.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
22,185
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 52%
Dining 19%
Beauty & Spa 16%
Shops & Services 13%
Boston Marriott Long Wharf
Hotels & Casinos
25,424 visits/mo
0.4 miles
Marriott Vacation Club Pulse at Custom House, Boston
Hotels & Casinos
15,363 visits/mo
0.4 miles
Sephora
Beauty & Spa
13,861 visits/mo
0.2 miles
Chart House
Dining
7,933 visits/mo
0.5 miles
Santander Bank
Shops & Services
7,110 visits/mo
0.2 miles
Demographics for 02114, MA
14,469
Population
9,525
Households
1.5
Avg Household Size
33
Median Age
84%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
36,173
Density / Sq Mi
$135,057
Median Household Income
$94,465
Median Earnings
$2,933
Median Rent
$927,900
Median Home Value
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Market
Vacancy Rate% for Retail in Boston, MA
Frequently Asked Questions
What type of property is this?
Retail space - Centrally located downtown retail with 100+ feet window-line, high ceilings, and direct elevator access.
Where is this retail space located?
The property is located at 60 Canal Boston, MA.
What are key features of this property?
This property features: Downtown Boston Bulfinch Triangle retail space with 100+ feet of window‑line per floor; Exposed brick and beam construction; High ceilings with great natural light
