Technical
Financial
Distress signals
Property profile

623 Commonwealth Ave Boston, MA 02215

OFF-MARKET
Retail space
Property ID
US38-0456382
5,604 SF 0.07 ac lot Built 1910
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction BRICK
Total area 5,604 SF
Lot 0.07 ac (3,121 SF)
Zoning code C
APN CBOS W:05 P:04085 S:000
UPID US38-0456382

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
  • Hair Salon Nail Salon
  • Hair Salon Nail Salon
  • Department Store Shopping Center & Mall
  • Hair Salon Skin Care Clinic
  • Alternative Medicine Practice Spa & Massage Center

Location

623 Commonwealth Ave Boston, MA 02215-1605
Boston metro Census 10103 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
$924k
Blend (final) Blend
$1.11M

Owner & transaction history

since 2009
4 recorded transactions
2009
$1
2009
Price N/A
1990
Price N/A
1988
Price N/A

Zoning & alternative use

C · 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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