Property profile

961 Commonwealth Ave Boston, MA 02215

OFF-MARKET
Turn key restaurants
Property ID
US38-1194851
15,860 SF 0.23 ac lot Built 1919
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1919
Construction CONCRETE
Total area 15,860 SF
Lot 0.23 ac (10,000 SF)
Zoning code C
APN ALLS W:21 P:00405 S:010
UPID US38-1194851

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
  • Restaurant

Location

961 Commonwealth Ave Boston, MA 02215-1305
Boston metro Census 807 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.70M

Owner & transaction history

since 2024
Last sale
$5.7M
5 recorded transactions
2024
$5.7M
2012
$4.3M
2011
Price N/A
2004
Price N/A
2004
$2.5M

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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