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Street-Level Commercial Condo on Massachusetts Ave

605 Massachusetts Ave #A Boston, MA 02118

605 Massachusetts Ave #A, Boston, MA, 02118
$645,000
For Sale
Claim this Listing
$645,000

Commercial condo with basement storage in high-visibility South End.

Property Size1,150 SF
Price / SF$560.87
AddedApr 25
Days on Market83
Last RefreshJul 15 at 5:05 pm

Property Features for 605 Massachusetts Ave #A

General Information

Standard status
Active
Size
1,150 SF
Property subtype
Commercial

Building Details

Year Built
1900

Listing office CRG Commercial

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 CRG Commercial


Investment Insights

Based on property information with market context.

This street-level commercial condominium is located on Massachusetts Avenue. The property is zoned CC (Community Commercial) and includes a significant interest in the 10-unit HOA, which comprises 9 residential units and 1 commercial unit. The usable street-front space is approximately 1,150 square feet, with additional basement storage and ancillary area. The layout is flexible. The property is situated in the South End / Roxbury corridor, near Shawmut Avenue, public transportation, hospitals, schools, and community redevelopment projects. The property is currently owner-occupied and used as an office and storage space not open to the public. The unit will be delivered vacant at closing. The buyer is responsible for conducting their own due diligence.

Key Highlights

  • Prime street‑level commercial condo on busy Massachusetts Ave
  • CC (Community Commercial) zoning offers business flexibility
  • High‑visibility location in South End / Roxbury corridor

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 $34.5k $30.00
− Vacancy −$2.9k −$2.55
EGI $31.6k $27.45
− OpEx −$9.5k −$8.24
NOI $22.1k $19.22
1,150 SF · lease $30.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$315.7K
$276.2K – $368.3K (±1% cap)
NOI $22,097 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$864.2K
$756.2K – $1.01M (±1% cap)
NOI $60,494 @ 7.0% cap · market cap 9.38%
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

(Bike/Boat/Book/etc) Store Home Appliance Store Auto Parts Store HVAC Service Kitchen & Bath Showroom Nursing Home Nursing Home Tattoo & Piercing Shop Accounting Firm Plumbing Service

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

FAQs

What type of property is this?
Retail space - Commercial condo with basement storage in high-visibility South End.
Where is this retail space located?
The property is located at 605 Massachusetts Ave #A Boston, MA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Prime street‑level commercial condo on busy Massachusetts Ave; CC (Community Commercial) zoning offers business flexibility; High‑visibility location in South End / Roxbury corridor
Contact an agent
More about this property
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