Two-Story Retail and Office
754 E Broadway # 66a Boston Boston, MA 02127
754 E Broadway # 66a Boston, Boston, MA, 02127
$1,200,000
For Sale
$1,200,000
Two-entrance ground floor retail plus a second-floor office setup with street-corner visibility and nearby transit.
Property Size1,515 SF
Price / SF$792.08
Days on Market48
Property Features for 754 E Broadway # 66a Boston
General Information
- Standard status
- Active
- Size
- 1,515 SF
Building Details
- Year Built
- 1920
Listing Agency
(508) 501-1443
Listed by
Stephen Rose
(508) 501-1443
Source
Milestonerealtyinc
Added: Jun 3 Updated: Jul 10 at 1:49 pm Checked: Jul 20 at 2:14 am
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 Stephen Rose
Investment Insights
Based on property information with market context.
This two-story commercial property is configured for retail on the ground/first level and office use on the second level. The ground floor includes 706 square feet with two entrances and a half bathroom. The second floor offers 809 square feet with a half bathroom and kitchenette.
Located at 754 E Broadway #66A in Boston, MA, the building presents as a street-corner storefront with strong public-facing presence. Public transportation is immediately convenient, with the #7, #9, and #10 bus stops directly in front of the property. The surrounding area includes well-known nearby retailers such as Starbucks, Dunkin’ Donuts, Rite Aid, and Stop & Shop.
With separate entries and dedicated restroom facilities on each level, the layout can support an owner-user who wants retail activity below with flexible workspace above. It also suits investors seeking a multi-level configuration that can be operated as a combined retail and office asset. Two parking spaces are currently leased for additional monthly income.
Located at 754 E Broadway #66A in Boston, MA, the building presents as a street-corner storefront with strong public-facing presence. Public transportation is immediately convenient, with the #7, #9, and #10 bus stops directly in front of the property. The surrounding area includes well-known nearby retailers such as Starbucks, Dunkin’ Donuts, Rite Aid, and Stop & Shop.
With separate entries and dedicated restroom facilities on each level, the layout can support an owner-user who wants retail activity below with flexible workspace above. It also suits investors seeking a multi-level configuration that can be operated as a combined retail and office asset. Two parking spaces are currently leased for additional monthly income.
Key Highlights
- 6.5% cap rate
- Prime street‑corner retail with high‑visibility frontage in South Boston
- Ground floor retail totals 706 SF with 2 entrances and a half bathroom
Local Financial Insights For Office B
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 | $76.4k | $50.40 |
| − Vacancy | −$16.8k | −$11.09 |
| EGI | $59.6k | $39.31 |
| − OpEx | −$14.9k | −$9.83 |
| NOI | $44.7k | $29.48 |
1,515 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$638.1K
$558.4K – $744.5K
NOI $44,668 @ 7.0% cap · market cap 3.72%
Second Best
Retail
$349.3K
$305.7K – $407.6K
NOI $24,453 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$1.13M
$992.6K – $1.32M
NOI $79,410 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Two-entrance ground floor retail plus a second-floor office setup with street-corner visibility and nearby transit.
Where is this storefront property located?
The property is located at 754 E Broadway # 66a Boston Boston, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6.5% cap rate; Prime street‑corner retail with high‑visibility frontage in South Boston; Ground floor retail totals 706 SF with 2 entrances and a half bathroom
