Office Suite with Private
For Sale
Contact for pricing
850 Summer St Unit 206, Boston, MA 02127
An open work area pairs with a separate enclosed office in this flexible commercial suite.
Property Size1,160 SF
Price / SF$0.03
Days on Market9
Property Features for 850 Summer St Unit 206
General Information
Standard status
Active
Size
1,160 SF
Property subtype
Commercial
Site & Location
Neighborhood
South Boston
Additional Details
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 7:24AM
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.
This 1,160-square-foot office suite combines an open work area with a private office, offering two distinct work settings within the space. The property is at 850 Summer Street, Unit 206, in South Boston.
Additional office suites at the property range from 1,160 to 5,585 square feet. Heat is included in the rental rate.
Additional office suites at the property range from 1,160 to 5,585 square feet. Heat is included in the rental rate.
Key Highlights
- 1,160‑square‑foot suite with open workspace and private office
- Additional suites range from 1,160 SF to 5,585 SF
- Heat included in the rental rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,201
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,020
$684.0K
Cap Rate 7%
$488,586
$488.6K
Cap Rate 9%
$380,011
$380.0K
Market Conditions
NOI Build-Up for 1,160 SF
Gross rent
$58.5K $50.40/SF
− Vacancy
−$12.9K −$11.09/SF
EGI
$45.6K $39.31/SF
− OpEx
−$11.4K −$9.83/SF
NOI
$34.2K $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%
$684,020
Cap Rate 7%
$488,586
Cap Rate 9%
$380,011
Alternative Uses
Best Use
Office B
$488.6K
$427.5K – $570.0K
NOI $34,201 @ 7.0% cap · market cap 97,717.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$868.6K
$760.0K – $1.01M
NOI $60,803 @ 7.0% cap · market cap 173,722.86%
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 pairs with a separate enclosed office in this flexible commercial suite.
Where is this office unit located?
The property is located at 850 Summer St Unit 206 Boston, MA.
What are key features of this property?
This property features: 1,160‑square‑foot suite with open workspace and private office; Additional suites range from 1,160 SF to 5,585 SF; Heat included in the rental rate
