60 Newmarket Square, RoxburyBoston, MA 02118MLS Number 72791865

  • Price: $2,000,000
  • 46 Days on Market
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Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
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60 Newmarket Square Boston MA 0211860 Newmarket Square Boston MA 0211860 Newmarket Square Boston MA 02118
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  • 0.17Acreage
  • 1950Year Built

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60 Newmarket Square in Boston, MA (the “Property), is a 4,115 SF office building on a 0.17 acre parcel. The Property offers investors a rare opportunity to acquire an asset that can take advantage of the competitive commercial leasing environment in Boston's Newmarket District. Vacancy in the Roxbury/ Dorchester Office Market generally is currently at 5.8%and average market rents lie at $35.65 gross per square foot, a level which represents a 12% 5-year increase. While the Newmarket District is primarily an industrial neighborhood, an office asset like this one would still benefit from the distribution and logistics operations all around it. One of the many industrial users in the park could view the building as an opportunity to serve their administrative and operational space needs.
Listed by Lenny Pierce of Jones Lang LaSalle

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More Info

Parking

  • Parking Spaces18
  • Total Parking Spaces18

Building

  • Year Built1950
  • No Buildings1
  • No Stories1
  • Entry OnlyNo
  • Assessed Value Bldg8057000

Basic Information

  • MLS Number72791865
  • Prop TypeCI
  • Status Date2021-03-02T15:26:00
  • Date Listed03/02/2021
  • List Price$2,000,000
  • LeaseNo
  • DirectionAt the corner of Newmarket Square and Massachusetts Ave in Boston's Newmarket District.
  • MLS StatusActive

Photos

  • Photo Date2021-03-02T14:45:00
  • Number of Photos3

Location

  • StreetNewmarket Square
  • TownBoston
  • StateMA
  • Zip02118
  • CountySuffolk
  • NeighborhoodRoxbury

Property

  • Acreage0.17
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size7405
  • Assessed Value Land503600
  • Main LoAN6155

Other

  • Modification Date2021-03-06T03:05:00
  • Property TypeIndustrial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book61006
  • Listing AgreementExclusive Right to Sell
  • Off Bldg Sf4115
  • ExchangeNo
  • Page324
CENTURY 21  Advance Realty
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02155

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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