Maybe don’t buy your Dad another tie this year
12 Gifts He’ll ❤️
MLS® ID: 72405225

20 Melrose St

Boston, Massachusetts, 02116

$2,850,000 Active
  • 5300 SQFT
Turn Key NNN ...Bay Village! 5% cap! Loft-like, well-appointed office space distributed over 3 floors with conf room, reception area w/ 11 private offices plus ample storage space. Two deeded parking spaces inc in sale. 2 years remaining on lease 2% bumps then full market. Substantial renovations to property's interior as well as roof and AC system. Steps to Back Bay and S End shops and restaurants. Free standing one tenant building on a quiet street. Property is 1 of only a 2 unit condo assoc shared with the building at 39 church. the buildings share a rear egress. The property leasable sf includes an additional approx 1300 sf of common areas w/ 2 sets of bathrooms located on 2 floors shared w/ 39 church and has 4002 sf of exclusively deeded private space. Rental bumps yearly. Property is zoned for Residential or Commercial and could be converted back to a single family or multiple apartments down the road and or potential 3rd fl addition Over $160k of the lease is securitized.
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Listing courtesy of Cityscapes International Realty

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    02116
  • Office name
    Cityscapes International Realty
  • SQFT
    5300
  • Bedrooms
    0
  • Property type
    Commercial/Industrial
  • Zoning type
    COMM RES
  • Year built
    1900
  • Tax year
    2018
  • Agent name
    Herb Entwistle
  • Tax amount
    $ 20924.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    5000-7000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    19303
  • Agent ID
    449536238

Location

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