161 Blue Hill Ave Boston, MA 02119
- Turn key restaurants
- 860 SF
- 0.02 lot acres
Current Use by Public Records
- Blue Hill House of Pizza / Pizza Restaurant / Delivery Restaurant
Property Details for 161 Blue Hill Ave
- Year built
- 1925
- Construction
- BRICK
- Lot size
- 0.02 lot acres
- Property size
- 860 SF
- Zone code
- C
- Property type
- Turn key restaurants
- APN
- ROXB W:12 P:00469 S:000
- APU
- ROXBW12P00469S000
Description
This exceptional investment opportunity presents a prime commercial property located at 161 Blue Hill Avenue in Boston, Massachusetts. The property encompasses approximately 860 square feet of space situated on a 915 square foot lot. Currently, the property is under a 10-year lease agreement, initiated in 2018, which provides a consistent income stream for the investor. A key feature of this lease is the inclusion of annual rent increases, ensuring a steady growth in rental income over the lease term. Furthermore, the lease agreement includes options, offering potential for long-term stability and future growth. This property is ideal for investors seeking a stable, income-generating asset in a desirable Boston location. The property's compact size and established lease make it a low-maintenance investment with significant potential for return. Given the strong lease terms and the property's location, this represents a compelling opportunity for savvy investors looking for a secure and profitable addition to their portfolio. The asking price for this exceptional investment property is $599,900. Serious inquiries are encouraged.
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
- Roxbury
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.078
- Latitude
- 42.3193
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
