400 Commonwealth # 2g Boston MA 02215 MLS #73350868

400 Commonwealth # 2g
Boston, MA, 02215
$2,399,000
Beds
0 Baths
10,471 SqFt
1.78 Acres
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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.This asset is a great owner/user opportunity and also gives investors the opportunity to purchase at a significant discount with a huge value add opportunity through soft repositioning and long term leasing strategies.The Unit was previously occupied by multiple medical and wellnessuses and has a Medical/spa feel inside. 400 Commonwealth offers a significant value add via adaptive re-use with the ability to convert to flex and office easily. 400 Commonwealth also provides a unique opportunity for owner-occupants to absorb some of the vacancies while further enhancing via strategic long term leasing strategies at market rates.

Property Details

Price:
$2,399,000
MLS #:
73350868
Status:
Active
Beds:
0
Baths:
0
Address:
400 Commonwealth # 2g
Type:
Commercial
City:
Boston
Listed Date:
Mar 27, 2025
State:
MA
Finished Sq Ft:
10,471
Total Sq Ft:
10,471
ZIP:
02215
Lot Size:
77,383 sqft / 1.78 acres (approx)
Year Built:
1910
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Financial

Net Operating Income
$115,628
Tax Year
2025
Taxes
$35,436

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