DOWNTOWN BOSTON RETAIL/OFFICE BUILDING FOR SALE HUGE UPSIDE!


EXECUTIVE SUMMARY
LOCATION: This property is situated right smack in the center of downtown Boston's hottest office retail market!
DESCRIPTION: 20,000+- square foot six-story retail/office building.
LAND: The building is located on approximately 2750 square feet of land on a strategic downtown Boston corner location.
TENANCY: Currently leased to a variety of office and retail tenants.
NOTES: 1. Building has a 10:1 FAR sufficient to allow an additional 4 stories.
2. The existing lease expirations allow for an orderly building transition.
3. Expectation of major income escalation from a new retail occupant
4. The area is now HOT HOT HOT!!! In the past year developments sprung up all around his building. They include the new Suffolk Law School Building, the proposed major office tower across the street, the gigantic face lifting Millennium Development, the Macy's, Filenes and Lafayette retail upgrades along with the proposed monster Lincoln Street office tower project--to name just a few!
FINANCING: Purchase Money Financing Available
PRICE: $7,625,000

Contact Information

John M. "Jack" Peckham III CCIM, CIPS, RECS
Peckham Boston Advisors
(Founded 1963 - Our 47th Year)
Four Longfellow Place, Suite 2003
Boston, MA 02114
Phone 617 523 4441 Ext. 6

Email: info@REOtoCash.com
Web: www.REOtoCash.com

All information is from sources we deem reliable and is submitted subject to errors, omissions, prior sale, lease, withdrawal without notice, or change in price and conditions. While we do not doubt it's accuracy, no representation thereof is made.

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