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58-60 Summer St
Boston, MA 02110 Financial District

$2,678,000 USD

Storefront Retail Office For Sale  •  12,000 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 3,422 SF
  • Lot Size 0.17 AC
  • Building Class B
  • Year Built 1950
  • Cap Rate 6.96 %
  • Tenancy Multiple
  • Zoning B-10-0, Boston
100 Transit Score
100 Walk Score

Highlights

IRREPLACEABLE DOWNTOWN BOSTON LOCATION
LONG-TERM LEASE WITH ANNUAL CONTRACTUAL RENT GROWTH
ZERO LANDLORD RESPONSIBILITIES
SURROUNDED BY BOSTON’S PREMIER EDUCATIONAL INSTITUTIONS
EXCEPTIONAL DAYTIME POPULATION DRIVEN BY MAJOR OFFICE EMPLOYERS
DENSE URBAN DEMOGRAPHICS WITH EXCEPTIONAL PURCHASING POWER

Property Flyers

Cap Rate: 6.96 %

Green Rating

LEED Certified

Major Tenants

Tenant SF Occupied Lease End Date
Five Guys 12/31/2021

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
South Station (Fairmount Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Franklin Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Greenbush Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Kingston/Plymouth Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Middleborough/Lakeville 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)) 1 min 7 min 0.3 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)) 5 min 19 min 1.0 mi
Transit/SubwayDriveWalkDistance
Park Street 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), Green Line - E - Massachusetts Bay Transportation Authority Subway (The T), Red Line - Massachusetts Bay Transportation Authority Subway (The T)) 3 min 5 min 0.3 mi
Chinatown Station (Orange Line - Massachusetts Bay Transportation Authority Subway (The T), Silver Line - Washington Street - Massachusetts Bay Transportation Authority Subway (The T)) 2 min 5 min 0.3 mi
South Station (Red Line - Massachusetts Bay Transportation Authority Subway (The T), Silver Line 1 - Massachusetts Bay Transportation Authority Subway (The T), Silver Line 2 - Massachusetts Bay Transportation Authority Subway (The T)) 2 min 6 min 0.3 mi
Downtown Crossing Station (Orange Line - Massachusetts Bay Transportation Authority Subway (The T), Red Line - Massachusetts Bay Transportation Authority Subway (The T), Silver Line - Washington Street - Massachusetts Bay Transportation Authority Subway (The T)) 1 min 7 min 0.3 mi
Boylston Street 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), Green Line - E - Massachusetts Bay Transportation Authority Subway (The T), Silver Line - Washington Street - Massachusetts Bay Transportation Authority Subway (The T)) 3 min 7 min 0.4 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 9 min - 4.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Justin Smith 617-239-3610 Atlantic Capital Partners
Justin Smith 617-239-3610 Atlantic Capital Partners