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    Property profile & analytics
    OFF-MARKET Estimated value $2,345,000
    Office buildings

    250 Dorchester Ave, South Boston, MA 02127-1835

    8,462 SF 0.19 ac lot Built 1960
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US38-1186264
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Boston Nightlife Ventures Corporate Office
    • SOCOTEC Structural Engineer Consultant
    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
    418 Real Estate LLC · 11 yrs held
    418 Real Estate LLC
    since 2015
    2 recorded transactions
    2015
    $3.5M
    2011
    Zoning & alternative use
    C · South Boston, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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