Corner Retail
97 Charles Street, Boston, MA 02114
For Sale
Contact for pricing
Blank Street Coffee occupies the property under a corporate-guaranteed lease with scheduled annual rent increases.
Property Size1,192 SF
Price / SF$2,013
Days on Market20
Property Features for 97 Charles Street
General Information
Standard status
Size
Property subtype
Occupancy
Financials
Asking Price
Cap Rate
Site & Location
Neighborhood
Corner Location
Additional Details
Floor
Tenant in Place
Building Details
Tenancy
Listing Agency:
Atlantic Retail Boston
Listed By:
Justin Smith · License MA #9524556
(407) 579-0425
Source:
Crexi
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 10 at 8:41AM
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 Atlantic Retail Boston
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Investment Insights
Based on property information with market context.
This 1,192-square-foot commercial condominium is fully leased to Blank Street Coffee. The space comprises 782 square feet at street level and 409 square feet in the basement. The tenant has a 10-year lease, one five-year renewal option, fixed 3% annual rent increases, and a corporate guaranty from Blank Street, Inc. The property is offered at a 5.00% cap rate.
At 97 Charles Street, the condominium occupies the corner of Charles and Pinckney Streets in Beacon Hill. Massachusetts General Hospital and Mass Eye and Ear are within walking distance, as are Suffolk University and Boston Common.
At 97 Charles Street, the condominium occupies the corner of Charles and Pinckney Streets in Beacon Hill. Massachusetts General Hospital and Mass Eye and Ear are within walking distance, as are Suffolk University and Boston Common.
Key Highlights
- 100% leased to Blank Street Coffee
- 1,192 SF commercial condominium: 782 SF of ground‑floor retail and 409 SF of basement space
- 10‑year lease with one five‑year renewal option
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
18,516
Businesses Nearby
63k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Home Improvements & Furnishings 24%
Apparel 11%
Beauty & Spa 2%
McDonald's
Dining
31,271 visits/mo
0.5 miles
RH (Restoration Hardware)
Home Improvements & Furnishings
13,933 visits/mo
0.5 miles
Domino's Pizza
Dining
4,907 visits/mo
0.5 miles
Cartier
Apparel
4,827 visits/mo
0.4 miles
Blank Street Coffee
Dining
2,793 visits/mo
0.1 miles
Demographics for 02114, MA
14,469
Population
9,525
Households
1.5
Avg Household Size
33
Median Age
84%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
36,173
Density / Sq Mi
$135,057
Median Household Income
$94,465
Median Earnings
$2,933
Median Rent
$927,900
Median Home Value
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Market
Average Price Trend$/SF for Storefront properties in Boston, MA
Properties on Market for Storefront properties in Boston
Vacancy Rate% for Retail in Boston, MA
Similar Off Market Nearby
- Janita Floral Design — 10 huntington ave, boston, ma 02116
- flowersinboston.com — 145 dartmouth st, boston, ma 02116
- Fresco Flowers — 145 Dartmouth St, Boston, MA 02116
- Frisby's Florist & Flower Delivery Service — 407 Stuart St, Boston, MA 02116
- Bella Florist — 125 Charles St S, Boston, MA 02116
Frequently Asked Questions
What type of property is this?
Storefront property - Blank Street Coffee occupies the property under a corporate-guaranteed lease with scheduled annual rent increases.
Where is this storefront property located?
The property is located at 97 Charles Street Boston, MA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 100% leased to Blank Street Coffee; 1,192 SF commercial condominium: 782 SF of ground‑floor retail and 409 SF of basement space; 10‑year lease with one five‑year renewal option
