Auto Body and Mechanic
780-780a Blue Hill Avenue, Boston, MA 02124
For Sale
$1,695,000
The property is occupied under an existing lease and will transfer with the tenancy in place.
Property Size2,940 SF
Price / SF$576.53
Days on Market9
Property Features for 780-780a Blue Hill Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Road Access
Tenancy & Operations
Currently Operating
Tenant in Place
Real Estate Included
Additional Details
Automotive Uses
Building Details
Year Built
Listing Agency:
Pondside Realty
Listed By:
Jean-Paul Stamatos
(617) 435-8909
Source:
Jmulkerinrealty
Added: Nov 6
Changed: Nov 12
Last Checked: Nov 12 at 2:26PM
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 Pondside Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,940-square-foot automotive facility accommodates auto body and mechanic operations. Built in 1950, the building is currently leased and is not available for vacant delivery.
The property is at 780-780a Blue Hill Avenue in Boston, at the junction of Blue Hill Avenue and American Legion Highway.
The property is at 780-780a Blue Hill Avenue in Boston, at the junction of Blue Hill Avenue and American Legion Highway.
Key Highlights
- 2,940‑square‑foot facility for auto body and mechanic operations
- Existing lease; property cannot be delivered vacant
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,453
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$949,060
$949.1K
Cap Rate 7%
$677,900
$677.9K
Cap Rate 9%
$527,256
$527.3K
Market Conditions
NOI Build-Up for 2,940 SF
Gross rent
$74.1K $25.20/SF
− Vacancy
−$6.3K −$2.14/SF
EGI
$67.8K $23.06/SF
− OpEx
−$20.3K −$6.92/SF
NOI
$47.5K $16.14/SF
Area
Boston, MA
Vacancy
8.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$949,060
Cap Rate 7%
$677,900
Cap Rate 9%
$527,256
Alternative Uses
Best Use
Retail
$677.9K
$593.2K – $790.9K
NOI $47,453 @ 7.0% cap · market cap 2.80%
Second Best
Industrial
$442.0K
$386.8K – $515.7K
NOI $30,942 @ 7.0% cap · market cap 1.83%
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,103 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
33k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
16,748 visits/mo
0.2 miles
Mobil
Shops & Services
12,687 visits/mo
PLS Financial Services
Shops & Services
3,290 visits/mo
0.4 miles
Demographics for 02124, MA
50,972
Population
21,264
Households
2.4
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
16,991
Density / Sq Mi
$79,168
Median Household Income
$43,483
Median Earnings
$1,783
Median Rent
$607,200
Median Home Value
Market
Vacancy Rate% for Retail in Boston, MA
Similar Off Market Nearby
- EJW Towing — 1048 Blue Hill Ave, Boston, MA 02124
- Hope Tire Shop And General Mechanics — Boston, MA 02124
- Ramon Rosalez — 1049 Blue Hill Avenue, Dorchester, MA 02124
- Garage Jergens King Posse — 1006 Blue Hill Avenue, Boston, MA 02124
- Polonia Auto Sales — 1049 Blue Hill Ave, Boston, MA 02124
Frequently Asked Questions
What type of property is this?
Auto shop - The property is occupied under an existing lease and will transfer with the tenancy in place.
Where is this auto shop located?
The property is located at 780-780a Blue Hill Avenue Boston, MA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 2,940‑square‑foot facility for auto body and mechanic operations; Existing lease; property cannot be delivered vacant; Built in 1950
