Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    376 Boylston St Boston, MA 02116
    Back to Search
    Property profile & analytics

    376 Boylston St Boston, MA 02116

    View on Map
    • Retail properties & Spaces
    • 36,240 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • St Aire / Media Distribution
    • Jouhui Wu / Alternative Medicine Practice
    • Sara Posner / Alternative Medicine Practice
    • Ripple - Physical Therapy / Medical Clinic
    • Applied Medical Systems Inc / Production Facility

    Property Details for 376 Boylston St

    Year built
    1899
    Property size
    36,240 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail space, located at 376 Boylston Street in Boston's Back Bay, presents a unique investment opportunity. Situated on the first block of Boylston Street, this property enjoys unparalleled visibility and accessibility, being steps away from the Boston Public Garden and Boston Common. The single-tenant building boasts a total of 36,240 square feet, situated on a 6,250 square foot lot. Built in 1899, the building has undergone recent upgrades, ensuring modern functionality within its historic charm. The property's prime location offers exceptional foot traffic, benefiting from its proximity to the MBTA Green Line and various public transportation options. Multiple nearby garages provide convenient parking for customers and employees. Furthermore, its convenient access to Logan International Airport and the Mass Pike enhances its appeal. The property's tax rate is $25.27 per square foot. The address is 376 Boylston Street, Boston, MA 02116, with cross streets of Arlington and Berkeley Streets. The APN is 0501164000. This is an unparalleled chance to establish or expand a retail business in one of Boston's most coveted locations.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0717
    Latitude
    42.3514

    Comparable in this City

    • Value Estimation by Request

      490 Tremont St

      Restaurants
      490 Tremont St, Boston, MA 02116
      View Details
    • Value Estimation by Request
      540,000 SF

      31 St James Ave

      Retail properties & Spaces • 540,000 SF
      31 St James Ave, Boston, MA 02116
      View Details
    • Value Estimation by Request
      1,668 SF

      437 Boylston St

      Retail properties & Spaces • 1,668 SF
      437 Boylston St, Boston, MA 02116
      View Details
    • Value Estimation
      $20,395,000
      148,756 SF

      100 Huntington Ave

      DEPARTMENT STORE • 148,756 SF
      100 Huntington Ave, Boston, MA 02116-6506
      View Details
    • Value Estimation by Request
      8,800 SF

      80 Boylston St

      Individual retail properties • 8,800 SF
      80 Boylston St, Boston, MA 02116
      View Details
    • Value Estimation by Request
      7,500 SF

      579-581 Boylston St

      Retail properties & Spaces • 7,500 SF
      579-581 Boylston St, Boston, MA 02116
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Single Parking Space For Sale

      Single parking space along the waterside on Back Street.
      244 Beacon St, Boston, MA 02116
      View Details
    • Contact for pricing

      Retail Space in Luxury Condominium

      Ground-floor retail space in downtown Boston's new luxury condominium.
      55 La Grange Pl, Boston, MA 02116
      View Details
    • $2,150,000

      Retail Condo on Newbury Street

      Retail condo for sale on Newbury Street in Boston.
      249 Newbury St, Boston, MA 02116
      View Details
    • Contact for pricing

      Back Bay Commercial Condominium Units

      Two contiguous commercial condominium units in a premier location.
      647 Boylston St, Boston, MA 02116
      View Details
    • Contact for pricing

      Prime Back Bay Commercial Property

      Exceptional commercial space in Boston's Back Bay neighborhood.
      170 Commonwealth Ave, Boston, MA 02116
      View Details
    • Contact for pricing

      Retail Condo on Newbury Street

      Retail condo for sale on Newbury Street in Boston.
      249 Newbury St, Boston, MA 02116
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Restaurant Space on Newbury Street

      3,500 SF restaurant space for lease in Back Bay.
      279 A Newbury St, Boston, MA 02116
      View Details
    • Contact for pricing

      Back Bay Retail and Office

      Retail and office spaces available for lease in Back Bay.
      164 Newbury St, Boston, MA 02116
      View Details
    • Contact for pricing

      Retail Storefront in South End

      Retail space for lease in the South End neighborhood.
      490 Tremont St, Boston, MA 02116
      View Details
    • Contact for pricing

      Storefront with High Ceilings

      2,194 sq ft storefront featuring high ceilings and open layout.
      496 Tremont St, Boston, MA 02116
      View Details
    • Contact for pricing

      Retail Endcap with High Visibility

      4,754 SF retail space with exposure to 100,000 commuters.
      95 Berkeley St, Boston, MA 02116
      View Details
    • Contact for pricing

      Luxury Retail Space on Newbury

      Premier retail space available for lease on Newbury Street.
      110 Newbury St, Boston, MA 02116
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    376 Boylston St
    Boston, MA 02116
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    376 Boylston St, Boston, MA, 02116
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!