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768 Tremont St
Boston, MA 02118

$5,250,000 USD

Land For Sale  •  0.09 AC

Property Details

  • Property Type Land
  • Lot Size 0.09 AC
  • Zoning C
92 Transit Score
98 Walk Score

Description

Rare South End development opportunity. Seller received ZBA approval (2019) to alter the existing structure from 1.5 floors to 4 floors. Increasing the total number of units from 4 (2 commercial/2 residential) to 8 (2 commercial /6 residential). 1st floor (commercial units) Unit A – 1444 sqft, Unit B – 902 sqft. 2nd floor: Unit A – 1424 sqft – 2 bed/2 bath, Unit B – 1518 sqft – 2 bed/2 bath. 3rd floor – Unit A – 1424 sqft – 2 bed/2 bath, Unit B – 1518 sqft – 2 bed/2 bath. 4th floor – Unit A – 1424 sqft – 2 bed/2 bath, Unit B – 1518 sqft – 2 bed/2 bath. Seller previously operated their dental practice out of the building, but has relocated the practice and the space is currently vacant. A barbershop currently leases approximately 350 sqft on the first floor at $2035/month TAW. A pizza shop currently leases unit 2 at $6390/month. Current lease term runs through April 30, 2025. The two residential units are leased for $2200/month and $2000/month. Both tenants are TAW.

Public Transportation

Commuter RailDriveWalkDistance
Ruggles Station (Franklin Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Needham Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Orange Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Providence/Stoughton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 3 min 14 min 0.8 mi
Back Bay Station (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Franklin Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Needham Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Orange Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Providence/Stoughton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 5 min 14 min 0.8 mi
Transit/SubwayDriveWalkDistance
Massachusetts Ave Station (Orange Line) (Orange Line - Massachusetts Bay Transportation Authority Subway (The T)) 2 min 6 min 0.3 mi
Symphony Station (Green Line - E - Massachusetts Bay Transportation Authority Subway (The T)) 2 min 7 min 0.4 mi
Prudential Station (Green Line - E - Massachusetts Bay Transportation Authority Subway (The T)) 2 min 11 min 0.6 mi
Northeastern University Station (Green Line - E - Massachusetts Bay Transportation Authority Subway (The T)) 2 min 12 min 0.6 mi
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)) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 11 min - 5.4 mi
Anthony Bruno 781-710-4544 Gibson Sotheby's International Realty
Anthony Bruno 781-710-4544 Gibson Sotheby's International Realty