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Two-Tenant Retail Property
For Sale
Contact for pricing
Pending

961 Commonwealth Ave, Boston, MA 02215

Fully leased to Brigham & Women’s Hospital and Boston Halal with a campus-oriented position.

Property Size15,000 SF
Days on Market143

Property Features for 961 Commonwealth Ave

General Information

Standard status Pending
Size 15,000 SF
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Boston Realty Advisors
Listed By: Joe Wagner · License #MA 9557247
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 1 at 12:21AM

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 Boston Realty Advisors

Investment Insights

Based on property information with market context.

This retail property at 961 Commonwealth Avenue in Boston comprises approximately 15,000 square feet and is fully leased to two tenants: Brigham & Women’s Hospital and Boston Halal. Its setting within the Boston University campus places the asset in a university-oriented retail environment.

Brigham & Women’s Hospital has been a tenant since 1993 and holds extension options through 2037. Boston Halal is supported by a new 15-year lease. The combination of a two-tenant configuration, established hospital tenancy, and campus setting defines the property’s current operating profile.

Key Highlights

  • Approximately +/-15,000 square feet of retail space
  • Fully leased to Brigham & Women’s Hospital and Boston Halal
  • Located within the Boston University campus

Property Analytics

Current Use

Burgerfi Restaurant

Suggested Use

Top Pick Law Firm Accounting Firm Building Supply Big Box & Wholesale Store HVAC Service Furniture & Home Goods

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,744
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 28% Apparel 14%
Raising Cane's Chicken Fingers Dining
18,825 visits/mo 0.1 miles
Dollar Tree Shops & Services
13,870 visits/mo 0.2 miles
Goodwill Apparel
9,631 visits/mo 0.1 miles
Mobil Shops & Services
6,269 visits/mo 0.3 miles
Herb Chambers Toyota Of Boston Shops & Services
6,139 visits/mo 0.4 miles

Demographics for 02215, MA

26,926
Population
9,390
Households
2.9
Avg Household Size
26
Median Age
85%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
29,918
Density / Sq Mi
$65,827
Median Household Income
$12,149
Median Earnings
$2,385
Median Rent
$683,800
Median Home Value

Market

Vacancy Rate% for Retail in Boston, MA

3.9% 2019
4.6% 2020
4.2% 2021
4% 2022
3.5% 2023
3.2% 2024
3.8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased to Brigham & Women’s Hospital and Boston Halal with a campus-oriented position.
Where is this retail space located?
The property is located at 961 Commonwealth Ave Boston, MA.
What are key features of this property?
This property features: Approximately +/-15,000 square feet of retail space; Fully leased to Brigham & Women’s Hospital and Boston Halal; Located within the Boston University campus
(617) 850-9675 Call to check price and availability
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