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Home Massachusetts Boston Commercial Properties

563-565 Columbus Ave Boston, MA 02118
13 Days on Boardwalk Properties
2
563-565 Columbus Ave, Boston, MA 02118
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$1,999,900
Type: Commercial Condo
Triple Net Lease (NNN)
SQFT: N/A
N/A Restrooms
Parking: N/A

Property Description

Don't miss this rare opportunity to own not just one, but TWO commercial units in the highly coveted South End neighborhood of Boston. Located in close proximity to other shops, restaurants, and public transit, these units offer an ideal location for businesses and a great investment opportunity. Both properties have triple net leases in place, providing a steady stream of income for the new owner. This means that the tenants are responsible for the property expenses, including taxes, insurance, and maintenance, making it a hassle-free investment. The South End neighborhood is known for its vibrant atmosphere and thriving commercial scene. With a diverse array of shops, restaurants, and amenities nearby, these units are perfectly situated to attract customers and benefit from the bustling foot traffic in the area. Whether you're looking to expand your investment portfolio or establish a presence in one of Boston's most sought-after neighborhoods, this opportunity is not to be missed.
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Property Details tap to expand

Property Information

  • Type: Commercial Condo
  • Location: Legal Conforming
  • MLS ID#: 73224373

Financial

  • Gross Annual Expenses: 5040
  • Gross Annual Income: 122400
  • Net Operating Income: 121896
  • Lease Type: Triple Net Lease (NNN)

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/20/2024Active$1,999,900MLSPIN
04/16/2024New$1,999,900MLSPIN
04/01/2024Expired$1,999,900MLSPIN
02/26/2024Active$1,999,900MLSPIN
02/22/2024Extended$1,999,900MLSPIN
09/09/2023Active$1,999,900MLSPIN
09/05/2023New$1,999,900MLSPIN
12/31/2020Expired$1,999,900MLSPIN
06/01/2020Active$1,999,900MLSPIN
03/23/2020Canceled$2,650,000MLSPIN
11/26/2019Active$2,650,000MLSPIN

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Seller's Representative: Eric Tam, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.25
Facilitator Compensation: 0
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-04-20 03:05:00