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Office Suite with Private Offices
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850 Summer St Unit 208, Boston, MA 02127

The second-floor layout combines open workspace with meeting, kitchenette, and bathroom areas.

Property Size2,600 SF
Price / SF$0.01
Days on Market9

Property Features for 850 Summer St Unit 208

General Information

Standard status Active
Size 2,600 SF
Property subtype Commercial

Space & Availability

Floor 2
Condition Turnkey

Site & Location

Neighborhood South Boston

Additional Details

Property Use Office
Listing Agency: Tucker Real Estate Advisors, Inc.
Listed By: Dodge Tucker
Source: Lockandkeyre
Added: Oct 21 Changed: Oct 29 Last Checked: Oct 28 at 8:38AM

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located at 850 Summer Street in South Boston, this 2,600 SF second-floor office suite includes an open work area, four private offices, a conference room, kitchenette, and bathroom. The layout brings shared work space and enclosed rooms together within one suite.

On-site parking is available. Additional office suites range from 1,160 SF to 5,585 SF.

Key Highlights

  • 2,600 SF second‑floor office suite
  • Open work area, four private offices, and a conference room
  • Kitchenette and bathroom within the suite

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,658
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,533,160 $1.5M
Cap Rate 7%
$1,095,114 $1.1M
Cap Rate 9%
$851,756 $851.8K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$131.0K $50.40/SF
− Vacancy
−$28.8K −$11.09/SF
EGI
$102.2K $39.31/SF
− OpEx
−$25.6K −$9.83/SF
NOI
$76.7K $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%
$1,533,160
Cap Rate 7%
$1,095,114
Cap Rate 9%
$851,756

Alternative Uses

Best Use
Office B
$1.10M
$958.2K – $1.28M (±1% cap)
NOI $76,658 @ 7.0% cap · market cap 219,022.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M (±1% cap)
NOI $136,282 @ 7.0% cap · market cap 389,377.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Catamount Builders Construction Company XPOS R Architectural Designer McKearney Associates Inc. Furniture & Home Goods MYSTRYDE South Boston Gym & Fitness Center Angry Sheep Food ... Photography Service

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Daycare Center Bakery Pharmacy Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,564
Businesses Nearby

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

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The second-floor layout combines open workspace with meeting, kitchenette, and bathroom areas.
Where is this office unit located?
The property is located at 850 Summer St Unit 208 Boston, MA.
What are key features of this property?
This property features: 2,600 SF second‑floor office suite; Open work area, four private offices, and a conference room; Kitchenette and bathroom within the suite
Research This Page with AI

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Includes: Price & PSF · Cap rate · Location · Zoning

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