$18,345,000
8966 Columbus Ave
South End · Boston, MA 02127
$1029/sq ft72 days on market1.7K views99 saves
Key facts
- Interior
- 17,820 sq ft
- Lot
- 0.89 acres
- Year built
- 1935
- Property type
- Retail
- Price / sq ft
- $1029/sq ft
- Annual taxes
- $198,130
- Days on market
- 72
Getting around
Walker's Paradise
Rider's Paradise
Very Bikeable
About this property
Rarely available South End retail property offered free and clear. Signalized Corner and anchored center make the space genuinely functional rather than merely leasable. Tours coordinated through the listing team; Boston submarket comps included in the package.
Investment summary
Investment summary
Cap rate
6.30%
Net operating income ÷ price
Net operating income
$1,155,735
Annual, after operating expenses
Cash-on-cash
+1.7%
$91,054 annual cash flow on $5,503,500 equity
12,830 sq ft leased of 17,820 sq ft
- Tenants
- 6
- Rentable area
- 17,820 sq ft
- Price / sq ft
- $1029/sq ft
- WALE
- 5.0 yrs
- Lease type
- NNN
- Building class
- Class C
- Zoning
- CG-1
- Parking
- 85 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $1,064,681 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
Parking & Access
- On-Site Parking
Highlights
- Signalized Corner
- Anchored Center
- Monument Signage
- Opportunity Zone
- Value-Add Upside
- Recent Capital Improvements
Price history
Every listing event recorded for this property.
- Listed
- Sold
| Date | Event | Price |
|---|---|---|
| 2016-11-22 | Sold | $14,670,000 |
| 2026-05-14 | Listed | $18,345,000 |
| 2026-07-24 | Sold | $18,345,000 |
Location
South End, Boston — Suffolk County
Approximate location · South End
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Estimated monthly
$113,661/mo
- Principal & interest81%$91,799
- Property tax15%$16,511
- Home insurance5%$5,351
An estimate, not a quote. Insurance is seeded at 0.35% of the purchase price and excludes mortgage insurance, which most lenders require below 20% down.
Loan amount $14,676,000 · 30 yr · 6.40%