141 Dorchester Ave South Boston, MA 02127-1826
Property Lookup
Property profile & analytics
141 Dorchester Ave South Boston, MA 02127-1826
- Individual retail properties
- 1,757 SF
- 0.04 lot acres
Property ID
US38-1110036
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Kennard Architects / Architect
- CITIDental South Boston / Dental Office
- Gibson Sotheby's International Realty / Real Estate Agency
- Hotbox by The Handle Bar | South Boston Location / Gym & Fitness Center
- SHED Personal Training Studio / Gym & Fitness Center
Property Details for 141 Dorchester Ave
- Lot size
- 0.04 lot acres
- Property size
- 1,757 SF
- Zone code
- C
- Property type
- Individual retail properties
- APN
- SBOS W:06 P:00007 S:276
- APU
- SBOSW06P00007S276
Description
This 1,757 sq ft Boston retail condo, occupied by The Handle Bar, offers a compelling investment opportunity. The property boasts a 6.00% cap rate and a strong, long-term lease with a corporate guarantee, extending until July 31, 2032 (7.5 years remaining). The tenant, The Handle Bar, has demonstrated significant commitment, extending their lease twice since the initial 10-year agreement signed in April 2013. Located at a four-way signalized intersection on Dorchester Ave (141 Dorchester Ave, Boston, MA 02127), the property benefits from high visibility and significant daily traffic volume (approx. 20,200 and 14,300 vehicles on Dorchester Ave and W Fourth St, respectively, plus 133,200 vehicles daily from I-93). The current annual net operating income (NOI) is $98,392, with a 16% rent increase scheduled for April 1, 2027. The property is a modified triple-net (NNN) lease, meaning the tenant covers most operating expenses, making this a passive investment with the landlord only responsible for capital expenses exceeding the lease's lifespan. The asking price is $1,639,867, representing a price per square foot of $933.33. The building was constructed in 2013 and sits on a 1,757 sq ft lot. This is a single-tenant, 100% occupied rental condo.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,395,000
- ML approach
- $2,395,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.0579
- Latitude
- 42.3424
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,741
$0.00
$504,200
$504,200
-
$0.00
$0.00
$0.00
