183 Massachusetts Ave Boston, MA 02115
- Retail properties
- 2,120 SF
Current Use by Public Records
- Dr. Lawrence I. Rand, MD / Endocrinologist
- Dr. Clifford M. Michaelson, MD / Doctor
- Dr. Lesa Dennis-Mahamed / Optometrist / Practitioner Service Location
- Citizens / Bank / Atm
- Citizens ATM / Atm
Property Details for 183 Massachusetts Ave
- Year built
- 2002
- Property size
- 2,120 SF
- Property type
- Retail properties
- Property subtype
- Banks
Description
This exceptional investment opportunity presents a 2,120 square foot Class B retail property currently occupied by Citizens Bank in a prime Boston location at 183 Massachusetts Ave, Boston, MA 02115. Built in 2002 and renovated in 2020, the single-tenant building offers a secure, long-term investment with a built-in rent increase of 12.5% scheduled for February 11, 2026. The property's net rentable area is 2,120 square feet, providing a strong foundation for consistent cash flow. Situated in Suffolk County, this location benefits from high foot traffic and visibility, making it an attractive proposition for investors seeking a stable and appreciating asset. The asking price for this off-market opportunity is $3,700,000. This represents a compelling investment in a thriving Boston market, offering significant upside potential and a secure, long-term return. The property's strong tenant and favorable lease terms make it an ideal addition to any diversified portfolio. Don't miss this chance to acquire a high-demand, well-maintained retail property in a premier Boston location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.0871
- Latitude
- 42.3456