List Search

252 Meridian St
Boston, MA 02128 Central Maverick Square-Paris St

$2,197,165 USD

Apartments Condo For Sale  •  6,235 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,235 SF
  • Building Class B
  • Year Built 2017
  • Cap Rate 7.75 %
73 Transit Score
97 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 252 Retail 6,235 SF $2,197,165 USD
  • Unit Size: 6,235 SF
  • Condo Use: Retail
  • Price: $2,197,165 USD
  • Sale Type: Investment
  • Price/SF: $352.39 USD
Sale Notes
Horvath & Tremblay is pleased to present the exclusive sale of the condominium interest in the multi-tenant retail investment property located at 252 Meridian Street in East Boston, Massachusetts (the “Property”). The Property consists of two retail condominiums totaling 6,235 square feet, occupying a portion of the ground floor of The Seville Boston Harbor. The two condominium units are 100% leased to Beacon Hill Athletic Club and Smartfix. The Seville Boston Harbor is a seven-story mixed-use building that was constructed in 2017 and was the first luxury condominium building on the new East Boston waterfront. The Seville Boston Harbor features retail units on the ground floors and 66 residential condominiums ranging from Studio units to 2-Bedroom units on the upper floors.

Highlights

Established Tenants
Superior Location
Transit Oriented Location
The Seville Boston Harbor
High Traffic Counts
Exceptional Demographics

Financial Summary

Cap Rate: 7.75 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Bay State Records
Beacon Hill Athletic Clubs
Berkshire Roots
Dorman Consulting Group
Fashion Window Shade Co

Public Transportation

Commuter RailDriveWalkDistance
Chelsea (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 6 min - 1.6 mi
North Station (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Haverhill Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Lowell Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 6 min - 2.0 mi
Transit/SubwayDriveWalkDistance
Maverick Station (Blue Line - Massachusetts Bay Transportation Authority Subway (The T)) 2 min 10 min 0.5 mi
Airport (Blue Line - Massachusetts Bay Transportation Authority Subway (The T)) 3 min 13 min 0.7 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 5 min - 1.9 mi
Robert Horvath 781-776-4003 Horvath & Tremblay
Robert Horvath 781-776-4003 Horvath & Tremblay