Office Unit with Private
For Sale
Contact for pricing
850 Summer St Unit 203, Boston, MA 02127
An open work area, separate office, and kitchen provide a functional setup for business operations.
Property Size1,825 SF
Price / SF$0.02
Days on Market10
Property Features for 850 Summer St Unit 203
General Information
Standard status
Active
Size
1,825 SF
Property subtype
Commercial
Site & Location
Neighborhood
South Boston
Additional Details
Floor
203
Property Use
Office
Listing Agency:
Tucker Real Estate Advisors, Inc.
Listed By:
Dodge Tucker
(603) 828-1384
Source:
Lockandkeyre
Added: Oct 21
Changed: Oct 29
Last Checked: Oct 28 at 7:20AM
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 Tucker Real Estate Advisors, Inc.
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.
Suite 203 at 850 Summer Street contains 1,825 square feet, arranged with an open work area, a private office, and a kitchen. The property is in Boston, Massachusetts.
Other office suites at the property range from 1,160 SF to 5,585 SF.
Other office suites at the property range from 1,160 SF to 5,585 SF.
Key Highlights
- 1,825 SF suite with open work area, private office, and kitchen
- Additional suites range from 1,160 SF to 5,585 SF
- Located at 850 Summer Street in Boston, MA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,808
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,076,160
$1.1M
Cap Rate 7%
$768,686
$768.7K
Cap Rate 9%
$597,867
$597.9K
Market Conditions
NOI Build-Up for 1,825 SF
Gross rent
$92.0K $50.40/SF
− Vacancy
−$20.2K −$11.09/SF
EGI
$71.7K $39.31/SF
− OpEx
−$17.9K −$9.83/SF
NOI
$53.8K $29.48/SF
Area
Boston, MA
Vacancy
22.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,076,160
Cap Rate 7%
$768,686
Cap Rate 9%
$597,867
Alternative Uses
Best Use
Office B
$768.7K
$672.6K – $896.8K
NOI $53,808 @ 7.0% cap · market cap 153,737.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.59M
NOI $95,659 @ 7.0% cap · market cap 273,311.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,564
Businesses Nearby
Explore this area
Business Placement
Demographics for 02127, MA
37,939
Population
19,495
Households
1.9
Avg Household Size
31
Median Age
69%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
18,066
Density / Sq Mi
$156,373
Median Household Income
$85,444
Median Earnings
$2,435
Median Rent
$858,600
Median Home Value
Market
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Office unit - An open work area, separate office, and kitchen provide a functional setup for business operations.
Where is this office unit located?
The property is located at 850 Summer St Unit 203 Boston, MA.
What are key features of this property?
This property features: 1,825 SF suite with open work area, private office, and kitchen; Additional suites range from 1,160 SF to 5,585 SF; Located at 850 Summer Street in Boston, MA
