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    21 Merchants Row Ste 2a Boston, MA 02109-2040
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    Property profile & analytics

    21 Merchants Row Ste 2a Boston, MA 02109-2040


    • Office Spaces
    • 1,675 SF
    • 0.04 lot acres
    Off-Market
    Last Sale Jun 5, 2024
    $805,000
    Property ID
    US38-0834330
    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.

    Value Estimations
    $805,000
    Show details
    Cap Rate Potential
    6.5%
    Office Spaces
    Location Intelligence

    Current Use by Public Records

    • Clarke's at Faneuil Hall / Bar & Pub / Restaurant
    • Boston Medical Aesthetics / Spa & Massage Center / Alternative Medicine Practice
    • Dr. Anna Kitsos, DMD / Dental Office
    • Jennifer C. Canesi, NP / Spa & Massage Center / Alternative Medicine Practice
    • ATM / Atm

    Property Details for 21 Merchants Row Ste 2a

    Lot size
    0.04 lot acres
    Property size
    1,675 SF
    Zone code
    CC
    Property type
    Office Spaces
    APN
    CBOS W:03 P:03738 S:020
    APU
    CBOSW03P03738S020

    Description

    This exceptional 4,005 square-foot executive office condominium is available for sale in a vibrant Boston location. Situated on the fourth floor of a five-story building at 21 Merchants Row, this single-tenant space offers unparalleled convenience and accessibility. The building itself boasts a diverse mix of ownership, with the first floor occupied by a casual dining establishment, creating a lively and convenient atmosphere. The property's central location provides easy access to Faneuil Hall Marketplace and Boston's Waterfront, both within a five-minute walk. Major roadways, including I-93 and the Mass Pike (I-90), are less than a mile away, ensuring seamless commutes. The building's total square footage is 21,520 square feet, with 4,005 square feet currently vacant and available for purchase. This Class C office space presents a unique opportunity, particularly given the seller's willingness to consider a leaseback arrangement for all or part of the space, offering flexible terms and pricing to suit various needs. This is a rare chance to acquire a well-situated office condominium in a thriving neighborhood known for its exceptional amenities. The building is 100% owner-occupied.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $805,000
      ML approach
      $805,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $880,000
      6.5%
      $810,000
      7%
      $755,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,030,000
      Current use
      AUTO REPAIR, GARAGE
      $985,000
      Change: -4% Conversion: Difficult
      RETAIL STORES
      $900,000
      Change: -13% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0554
    Latitude
    42.3594
    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
    $14,161
    $0.00
    $560,400
    $560,400
    -
    $0.00
    $0.00
    $0.00
    More about this property
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