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    50-60 Franklin St Boston, MA 02110

    For Lease
    Contact for pricing

    Prime Franklin Street Retail Opportunity

    Lot size:
    23,692 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 50-60 Franklin Street in Boston, Massachusetts, offers 23,692 square feet of total building space, with 5,757 square feet currently vacant. Situated in the heart of the Downtown Crossing Retail Shopping District, this single-tenant space enjoys unparalleled visibility and accessibility. The property's strategic location within Suffolk County places it in close proximity to Boston's Financial District, boasting 50 million square feet of office space, ensuring a high volume of foot traffic. Its proximity to the Downtown Crossing MBTA station provides convenient public transportation access for both employees and customers. Adding to its desirability, the property is directly across the street from the prestigious Millennium Tower, a landmark development featuring 450 luxury residential units and 380,000 square feet of retail and office space, as well as a 25,000 square foot Roche Brothers supermarket. This prime location within a thriving commercial hub presents a unique opportunity for businesses seeking high-traffic exposure and a strong presence in Boston's dynamic retail landscape. The property's zip code is 02110. The building is classified as Commercial Retail. This is a single-tenant property.

    Property Features for 50-60 Franklin St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,692 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    5,757 SF

    HighLights

    • 5,789 SF of divisible office space.
    • Prime Financial District location on Franklin Street, between Hawley and Arch Streets in Boston's 50M SF office market.
    • Excellent Downtown Crossing retail location, one block from the MBTA (Orange, Red & Silver Lines).
    • Across from Millennium Tower, featuring luxury residences, significant retail/office space, and a Roche Brothers supermarket.
    • Strong retail synergy with nearby Macy's, DSW, Marshalls, Walgreens, Starbucks, Equinox, Loews Theatre, Staples, Caffè Nero, Legal Crossing, and Roche Bobois.
    • Downtown Crossing draws over 20 million annual visitors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Down Town Crossing ... Real Estate Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0482911
    Latitude
    42.3613114

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    FAQs

    What type of property is this?
    Retail property - Prime Franklin Street Retail Opportunity
    Where is this retail property located?
    The property is located at 50-60 Franklin St Boston, MA.
    What are key features of this property?
    This property features: 5,789 SF of divisible office space.; Prime Financial District location on Franklin Street, between Hawley and Arch Streets in Boston's 50M SF office market.; Excellent Downtown Crossing retail location, one block from the MBTA (Orange, Red & Silver Lines).
    Request Owner's contact information
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    Boston, MA 02110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50-60 Franklin St Boston, MA 02110
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