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959-961 Commonwealth Ave

15,000 SF 100% Leased Retail Building Boston, MA 02215 For Sale

Investment Highlights

  • Transit Oriented
  • Strong Tenant Base
  • Proximity to Boston University
  • Existing Income

Executive Summary

Boston Realty Advisors is exclusively retained to offer for sale, 961 Commonwealth Avenue in Boston, MA. 961 Commonwealth Avenue consists of a +/-15,000 square foot asset located on one of the most recognizable University campus’ in the world, Boston University. Positioned as a campus oriented retail asset, the property is fully leased to two tenants: Brigham & Women’s Hospital and Boston Halal. Brigham & Womens Hospital, a credit tenant of 961 Commonwealth since 1993, enjoys extension options until 2037. Boston Halal enjoys a fresh new 15 year lease at a competitive terms, offering investors the opportunity to tap into an immediate, steady stream of income.

Data Room Click Here to Access

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
15,000 SF
Building Class
B
Year Built
1981
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
1.50
Lot Size
0.23 AC
Zoning
H-4, Boston - residential zoning district

Amenities

  • Bus Route
  • Commuter Rail
  • Public Transport
  • Signage
Walk Score ®
Very Walkable (86)
Bike Score ®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

BurgerFi
Starbucks
Star Market
My Gym
Extreme Pita
Caffe Nero
Amazon Go
Corepower Yoga
F45
Chase

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • ALLS-000000-000021-000405-000010
  • ALLS-000000-000021-000406
Land Assessment
£3,121,976
Improvements Assessment
£4,079,225
Total Assessment
£7,201,201
  • Listing ID: 31578386

  • Date on Market: 22/04/2024

  • Last Updated:

  • Address: 959-961 Commonwealth Ave, Boston, MA 02215

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