List Search

400 Commonwealth Ave
Boston, MA 02215 Back Bay

$2,399,999 USD

Medical Condo For Sale  •  9,800 SF

Property Details

  • Property Type Medical
  • Total Building Size 107,500 SF
  • Lot Size 1.01 AC
  • Building Class B
  • Year Built 1910
  • Cap Rate 9.08 %
  • Tenancy Multiple
  • Zoning C
89 Transit Score
97 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Grnd Floor - Unit 2G Medical Office 9,800 SF $2,399,999 USD
  • Unit Size: 9,800 SF
  • Condo Use: Medical Office
  • Price: $2,399,999 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $244.90 USD
Description
Block Real Estate  is pleased to present the opportunity to purchase an exclusive investment opportunity, 400 Commonwealth Avenue unit 2G . is a 10,471 Square Foot, 60% occupied, multi-tenant Medical office/ Flex Condominium located in a rapidly growing MSA of Boston , MA.  400 Commonwealth otherwise known as The Somerset building is ideally located adjacent to the Back Bay and Fenway . With Easy access to everything the Boston Metro area has to offer.

Sale Notes
The unit is a commercial condo with multiple tenants - noi reflects numbers at fully leased state.

Financial Summary

Cap Rate: 9.08 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Back Bay Fitness 12/1/2026
Back Bay Partners
Boston Center for Oral Health
Commonwealth Dental Group
Communities for People, Inc.
Forefront Innovative Eye Care
Forward Spine & Sport
Korb & Associates
Mindstream Analytics LLC
Van Leeuwen Ice Cream 1/1/2035

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Property Manager on Site
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Yawkey (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 5 min 11 min 0.6 mi
Ruggles (Franklin Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Needham Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Providence/Stoughton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 5 min - 1.2 mi
Transit/SubwayDriveWalkDistance
Hynes Convention Center Station (Green Line - B - Massachusetts Bay Transportation Authority Subway (The T), Green Line - C - Massachusetts Bay Transportation Authority Subway (The T), Green Line - D - Massachusetts Bay Transportation Authority Subway (The T)) 2 min 4 min 0.2 mi
Kenmore Station (Green Line - B - Massachusetts Bay Transportation Authority Subway (The T), Green Line - C - Massachusetts Bay Transportation Authority Subway (The T), Green Line - D - Massachusetts Bay Transportation Authority Subway (The T)) 3 min 4 min 0.2 mi
Blandford Street Station (Green Line - B - Massachusetts Bay Transportation Authority Subway (The T)) 6 min 8 min 0.5 mi
Symphony Station (Green Line - E - Massachusetts Bay Transportation Authority Subway (The T)) 2 min 11 min 0.6 mi
Prudential Station (Green Line - E - Massachusetts Bay Transportation Authority Subway (The T)) 4 min 12 min 0.6 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 13 min - 9.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Scott Cordner 617-817-4164 Block Realty
Scott Cordner 617-817-4164 Block Realty