Longwood Retail Space - For Rent & Sale

Typical Properties

The majority of the properties in this neighborhood are refurbished complexes that date back to the late 19th or early 20th centuries. They are located in a dense, highly walkable neighborhood that is close to public transit. Some properties have undergone redevelopment, but generally choose to favor the predominant typology of ground floor commercial suites with residences or offices above.

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With a classic castle-like exterior, the red brick complex at 1223 Beacon Street manages to be both welcoming and visually distinctive. Built in 1946, the four story structure has 47,423 square feet of leasable area, and features a number of ground floor commercial suites that are poised to take advantage of pedestrian and vehicular traffic. The interiors are bright and airy, thanks in part to the numerous windows that line the exterior. Carpeted floors join plaster walls to create a serene atmosphere; a largely open floor plan makes the units relatively adaptable to various commercial configurations. The grand stone ornamentation near the entryway makes this building impossible to ignore from the street. Beautifully maintained landscaping surrounds the perimeter of the structure, and a lawn is located at the rear of the building. Commercial suites of 1,100 square feet are available for lease.

The property at 275 Harvard Street has two stories of grand commercial suites housed within an elaborately decorated stone frame featuring prominent arches and enormous windows with stone mullions. Built in 1925, the 24,000 square foot complex is sited along a busy street, and draws both foot and car traffic. It is also located across the street from the Coolidge Corner train station. Additionally, a full basement is available. Suites of 1,200 square feet are available for lease with five to ten year terms.

Built in 1920, the commercial complex at 1364 Beacon Street is a low slung structure that is sited on a busy corner lot. Large windows are covered by canopies that provide shelter from the elements and create a pleasing array of vivid colors. The building has been beautifully maintained, and has 13,128 total square feet of leasable area. Suites of 2,925 are available for lease, and custom business signage can be mounted above the storefront windows. The structure is only 0.1 miles from the Coolidge Corner Station, which services the Green Line.

With 38,442 square feet of total leasable space, this elegant tan brick complex is located in the heart of downtown. Built in 1880, the structure has been lovingly maintained, and features fully renovated interiors with hardwood floors and bright, naturally lit units. Located 0.1 miles from the Coolidge Corner Station, this structure is highly accessible to all kinds of traffic, whether it arrives by foot, car, or train. Suites of 4,750 square feet are available for lease.

Average Renting and Buying Prices

With a beautiful historic neighborhood and excellent public transit, the average rental prices in this area range from $4.00 to $6.00 a square foot, which some notable exceptions. The average purchase price for a commercial suite ranges between $800 and $1,000 a square foot.

The property at 1093 Beacon Street employs a series of textured stone blocks for its basement level, and uses this material as accents over each of the windows on the otherwise red brick facade. Two columns of bay windows provide an additional delightful aesthetic flourish to the exterior, which has five stories in total. Built in 1830, the interiors have been fully refurbished, and feature hardwood floors as well as a lobby space with floor to ceiling glass entry space. The 10,760 square foot building has suites of 200 square feet available for lease. The rent for this structure is $4.50 per square foot per month.

For those seeking an elegant suite in which to set up shop, the property at 899 Beacon Street offers gorgeously refurbished interiors with hardwood floors and expansive bay windows. Built in 1902, the 5,619 square foot building is located in a dense cluster of businesses, shops, and restaurants, making it ideal for organizations that wish to capitalize on a bustling urban environment. Located within easy walking distance of the Green Line, this property is accessible from a variety of points within the city. A 297 square foot suite in this building recently was listed on the market for a rental price of $9.09 per square foot per month.

Built in 2016, the property at 900 Beacon Street offers all the comforts of contemporary design in a historic neighborhood. With a massive ground floor suite that looks out on the bustling sidewalk, this complex has a total of 32,946 square feet spread out over five stories on a gorgeous tree lined street. The prominent sandstone of the facade, combined with its clean geometric set backs, makes it a visual draw. The floor to ceiling windows provide ample amounts of natural light as well as excellent places for the display of goods. Lighted bollards on the sidewalk provide illumination at night. Commercial suites ranging from 500 to 1,000 square feet are available for lease. The rent for this property is $5.00 per square foot per month.

The property at 322 Washington Street has 15,536 square feet of total leasable area, with lease terms that specify ten percent increases every five years, which continue through each of the renewal option periods, which are five years in duration each. The new owner of this property would assume relatively minimal landlord responsibilities, with the tenants responsible for their own HVAC replacements and parking lot maintenance. Built in 1925, the brick building has been well-maintained, and is located on a tree lined avenue. The sale price for this building is $13,020,647, or $838.09 per square foot.

Built in 1923, the property at 224-246 Harvard Street has prominent, floor to ceiling storefront panes that reveal an open space floor plan perfect for display and custom configuration. With a large placard above the front windows providing room for business signage, the suite is immediately visually recognizable to passerby, and attracts a steady stream of foot traffic. The interior features hardwood floors with a drop tile ceiling and track lighting. With 17,081 square feet of leasable area, the structure also has a full basement as well as slat walls. Located only 0.1 miles from the Coolidge Corner Station, this property is ideal for businesses that enjoy a dense, thriving urban fabric. The rent for this structure is $3.86 a square foot per month.

The eight story building at 30 Webster Street is located along a train station line, and has a magnificent red exterior with a dramatic cantilevered floor near the roof. An onsite parking lot provides ample spaces for cars, while the interiors feature drop tile ceilings and both hardwood and carpeted floors, depending on the specific unit. Built in 1945, the structure has a total of 72,260 square feet of leasable area, and has suites varying in size from 6,287 square feet to 9,559 square feet available for lease. The rent for this property ranges from $2.08 to $2.92 per square foot per month.

Real Estate News

In December 2017, Harvard University unveiled plans for a 900,000 square foot mixed-use complex on 14 acres of land on the perimeter of this neighborhood. The development is notable not only for its size, but its non-academic bent. This is not a new classroom space; instead, the development is actively courting commercial ventures, and will feature a substantial number of ground floor suites that cater to businesses. The complex will feature a 250,000 square foot conference center and hotel, as well as 250,000 square feet of residential units. Approximately 900 parking spaces will be provided on the surface of the 14 acre parcel.

Called an “innovation district” within the verbiage of the official proposal filing, the project mimics the language and scope of many of the developments in the Seaport District, which became one of Boston’s most rapidly expanding neighborhoods thanks to its ability to embrace established businesses and start-up entrepreneurs. Harvard appears to be embracing a similar strategy by creating a complex that would actively foster connections between researchers, companies, and young creative thinkers.

The proposed project is in line with the Imagine Boston 2030 master plan, which has actively targeted certain neighborhoods in hopes of creating new centers of innovation and commercial growth. The site on which the project would be built used to be an industrial rail yard that became a truck operations yard.

The area in general has been a hot spot for a variety of biotech firms seeking ample acreage in an easily accessible region for the past several years. Home to several medical complexes, this region also features a riverway that makes for a very scenic region for the development of commercial properties. The residential towers that have recently opened in this area also command a fairly high asking price per unit, comparable to units within the center of the city. The Longwood Towers, which pushed the envelope of luxury living by building units that featured four bedrooms, three bathrooms, and an onsite fitness center, upped the scale in terms of what types of developments the area could comfortably accommodate. The persistently high commercial rents, as compared with the rest of the metropolitan region, are a testament to how this area has become a very desirable region. Investors can expect this region to continue to accrue value.

Sign Up Benefits

Browsing listings is one way of finding a property, but pictures can never tell the whole story. Viewing a property is crucial to understanding if it is indeed an ideal fit for your particular needs. However, lining up an appointment to view a property on your own isn’t always easy. Listings may be outdated, or an agent may not see your request. The best way to guarantee that you will view the properties you want to see is by signing up for our viewing service.

We’ve spent years cultivating relationships with brokers, agents, and owners in order to develop a network of contacts. Whether you’re seeking a charming ground floor suite in the heart of the business district or a suite in a newly constructed tower along the riverway, we can help you find what you’re looking for and line up an appointment to view it. You don’t have to wait, hoping that someone will answer your call; with our service, we help you secure appointments that are convenient to your schedule.

We also take care of the geographical logistics. You can select a number of different properties and we will plan a route that makes it easy for you to view one property after another without having to trek all the way across town and back. Our excellent network makes this rapid journey possible. We pride ourselves in creating a seamless experience for our clients and our contacts in the industry. They know when we book an appointment that we are bringing a person of quality and integrity to see their property.

Because of this long term relationship, our clients can expect to see the newest listings ahead of the crowd. We take pains to match our clients with their desired properties. When you sign up for our viewing service, we ask you what your preferred amenities are in terms of square footage, floor plan configuration, and locale. We then match these criteria with the best that the market has to offer. By signing up for our service, our clients often discover beautiful gems hidden in plain view.

We are actively monitoring this neighborhood for developments in the commercial sector. Numerous properties feature ground floor commercial suites, and several other new proposed projects are cultivating their designs to attract new business tenants. Whatever property type you are seeking, this region is likely to offer you an ideal place to set up your enterprise. Additionally, the proximity of the town to downtown Boston means that is is extremely accessible via public transit, and offers a slew of cultural amenities rarely found anywhere else.

We make a point of updating our listings and our contact information so that we are able to offer unparalleled rapid service to our clients. Regardless of the season, we can help you see properties at times that make the most sense to your schedule. We can also help you find the lease terms that give you maximum flexibility with a minimum of hassle. Sign up today to view the best properties on the market!

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Retail Space