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.
MLS # | 73350868 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1910 |
Days On Site | 112 |
Listing Provided By | Block Realty | Scott Cordner |
SQ Feet | 10,471 |
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Zoning | bos |
Acreage | 1.78 |
Roof | Asphalt/Composition Shingles |
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Utilities | Public Water, Natural Gas Available, 440 Volts |
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Property | 35436 |
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State | MA |
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County | Suffolk |
City | Boston |
Zip Code | 02215 |
Area | Suffolk |