Property profile

250 Dorchester Ave Boston, MA 02127

FOR SALE
Office buildings
Property ID
US38-1186264
8,462 SF 0.19 ac lot Built 1960
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a 8,760 square foot, two-story office building located at 250 Dorchester Avenue in Boston, Massachusetts. Situated on a 0.19-acre lot in the desirable South Boston neighborhood, this property boasts a prime location just steps from the Broadway Red Line MBTA station, providing unparalleled access to public transportation and easy connectivity to downtown Boston. The building, constructed in 1960 and renovated in 2001, is currently zoned C, offering significant flexibility for future development. With its convenient location directly across from major development projects, this property presents a unique chance to capitalize on the area's growth and revitalization. The building's 8,760 square feet are currently utilized as office space, spread across two stories. This presents a blank canvas for a variety of redevelopment projects, catering to the evolving needs of the South Boston market. The 0.19-acre lot size provides ample space for expansion or potential redevelopment into a variety of uses, subject to zoning approvals. Investors seeking a prime location with significant upside potential will find this property highly attractive. The property's proximity to public transportation and major development projects ensures strong future value appreciation. This is a rare opportunity to acquire a well-located asset in a thriving Boston neighborhood.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Construction BRICK
Total area 8,462 SF
Lot 0.19 ac (8,405 SF)
Zoning code C
APN SBOS W:06 P:00203 S:000
UPID US38-1186264

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • Consultant Building Consultant

Location

250 Dorchester Ave Boston, MA 02127
Boston metro Census 61203 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.35M

Owner & transaction history

since 2015
2 recorded transactions
2015
$3.5M
2011
Price N/A

Zoning & alternative use

C · South Boston, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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