Mission Hill Retail Space - For Rent & Sale
Typical Properties
The property at 33 Pond Avenue features 609,072 square feet of residential space, with ground floor commercial suites available for lease. Built in 1970, the property has been well maintained, and has an opulent lobby with both interior and exterior seating in the form of steel benches and plush, overstuffed lounge chairs. The interior suites feature hardwood floors and some carpeted areas, with glass partitions creating semi-private nooks perfect for a restaurant or similar business. The commercial suite is located off the central lobby, which features polished granite floors and high ceilings. Located only 0.2 miles from the Riverway Station, this property is highly accessible by car, foot, train, and even plane: Logan International Airport is only 7.5 miles away.
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Retail Space
The property at 610 Brookline Avenue has 8,406 square feet of industrially zoned space available, although the site is being marketed as an exceptional redevelopment opportunity. This certainly could be transformed into a much higher yield site in terms of the types of tenants it could attract and the various purposes for which it could be used. Built in 1982, the structure occupies a triangular-like site in the center of a busily trafficked street and across from numerous dense mixed-use developments. A small paved lot on the property provides loading access and room for parking.
Meanwhile, the property at 50 Boylston Street is located within a beautifully kept neighborhood of two to three story structures that create a row of commercial suites, restaurants, and other shops. The 3,000 square foot structure offers traditional ground floor commercial storefront units as well as suites in the upper storeys, including a unit with a visible steeple illuminated by numerous skylights. The suites feature hardwood floors and recessed lighting in a gorgeously renovated ceiling that is both tall and inspiring. Located 0.2 miles from the Brookline Village Station, the property can be used for a variety of different purposes.
For those who enjoy a dramatic architectural style, the structure at 68 Harvard Street features a modernist building with a clearly articulated steel frame that creates a vast open air entryway right off the busy sidewalk. Large banks of windows provide ample amounts of natural light to the interiors, which have lofty ceilings and are framed by a brick exterior. Built in 1969, this 12,000 square foot structure has suites of 793 square feet available for lease.
Meanwhile, the property at 735 Huntington Avenue is a colorful complex of small commercial enterprises and eateries located on a bustling sidewalk. With gorgeously outfitted bay windows with elaborate ornamentation and a brick exterior, the ground floor commercial suites along this block feature painted frames that house enormous display panes. Business signage is provided on the placards above each of the suites, which welcome passerby with their floral arrangements and potted plants. Located near a busy intersection, the property is highly accessible via a number of different transit options.
Average Renting and Buying Prices
The property at 3 Folsom Avenue offers an unusual assortment of amenities, including a secluded locale that makes it both semi-private and exclusive. Built in the mid 19th century, the property has two stories of roomy suites housed in a white clapboard exterior. A front porch acts as both a greeting area and as a place to unwind for tenants of the structure. Multiple entrances make it possible for tenants to exist in the same structure without disturbing each other. The yard is ample, and contains a space to barbeque, as well as paved brick paths that can function as display spaces for goods or other inventory. The interiors have exposed brick work and beautiful wood cabinets with hardwood floors. With 3,900 square feet of available space, the structure features six large suites that could be converted into a number of different commercial uses. The price for this structure is $1,950,000, or $500 a square foot.
Meanwhile, the property at 52-54 John Eliot Square offers a more straightforward commercial opportunity. The 4,984 square foot structure is located on 0.28 acres of land, and consists of a single story storefront with an attached parking lot. The property is being listed as a redevelopment project, and it does offer an incredibly attractive opportunity for the right investor. Located only 0.3 miles from the Roxbury Crossing Station, this property is also only 0.7 miles from the MBTA Ruggles Commuter Rail, making it highly accessible. The sale price for this property is $4,000,000, or $802.56 a square foot.
The property at 101 South Huntington Avenue features ground floor commercial suites that are capped by 244,700 square feet of residential units in a high rise configuration. Built in 2017, this property offers entry into a dense neighborhood with a vibrant street life, making it perfect for a business that thrives on walk-in customers. The building has a LEED Gold rating and is very close to the Green Line, making it both highly efficient and easily accessible. The suites themselves are open to a variety of configurations, depending on the specific desires of the tenant. Suites sizes range from 914 square feet to 950 square feet. The rent for this property ranges from $2.50 to $3.33 a square foot per month.
The building at 3-5 Harvard Avenue is a two story property that features a pink clapboard exterior with a partially enclosed front porch. Built in 1885, the structure has been lovingly restored, and includes a bay window with a small placard that acts a space for business signage. The interiors feature carpeted floors and plaster walls and ceiling, complete with a light fixture. Some rooms feature exposed brick next to brand new appliances and furnishings, creating a cozy, historic feel with the comforts of modernity. The 4,992 square foot structure has a rent of $2.58 to $2.73 a square foot per month.
The property at 54 Harvard Street was built in 1890 and has a refurbished brick exterior with stone accents above each of the windows. A basement level can be accessed from the street, and the ground floor suite has a staircase that leads to the front entryway. With 3,679 square feet of available space, this building is perfect for a boutique or other small franchise of a commercial venture that wishes to build upon the densely populated area and its subsequent reliable revenue stream. Located 0.3 miles from the Brookline Village Station, this property is highly accessible and features gorgeous interior suites with hardwood floors, track lighting, and an open floor plan that can be adapted to virtually any arrangement. The rent for this space is $2.33 a square foot per month.
Real Estate News
This area of the city has become a hotly anticipated new sector of development, thanks in part to its numerous parking lots and garages. In January 2018 it was announced that the property at 9-11 Burney Street is being considered for a transformation from a parking lot into a six story building with 31 new residential units. The complex would also create a 1,900 square foot unit for commercial purposes, with an outdoor restaurant patio considered to be part of the plan.
Some older structures in this neighborhood are being inventively repurposed. A building originally designed for a printing business located at 156-168 Terrace Street was transformed into a series of lofts and smaller commercial suites. A 1,102 square foot unit in that property is now selling for $700,000, or $635.20 per square foot. The building, which underwent a thorough renovation, did save some period details, choosing to leave the high ceilings and industrial support beams intact.
The area has been home to a number of luxury condominium developments over the past few years, which have added housing stock to the area and created a captive market for nearby commercial ventures. Every type of business from boutique retailers to larger scale franchises is likely to thrive in this neighborhood, which has a track record of selling out the units in almost every new building that opens. The demand for spaces in this area is partly based on how close the neighborhood is to downtown Boston. It is also located off an easily accessible transit line. This emphasis on public transit has played a role in the development of several of the newer properties, including the complex at 40 Fisher Avenue. The six story structure was planned not only to provide parking for cars, but for bicycles, indicating a focus on transit that is not car-centered.
The property at 70 Parker Hill Avenue recently underwent a redevelopment process which converted the majority of suites within the building to 46 residential units, with a small suite of commercial space provided at the base of the building. Meanwhile, a development featured 1,750 square units with a sale price of $799,000, or $456.57 per square foot.
In November 2017, a project was approved at 95 Saint Alphonsus Street that would add 111,665 square feet of primarily residential units to the area. The proposed project would feature six stories of studios, one bedrooms, and two bedroom units with a below grade parking garage and a contribution to the Boston Parks and Recreation Department fund.
Sign Up Benefits
Located on the southwestern edge of Boston, this neighborhood is one of the most prized in terms of its locale, assortment of businesses and residential buildings, and overall potential to become a major site of profitable development projects. For those investors looking to find a commercial suite that will fulfill their needs, we recommend signing up for our viewing service.
Although some choose to spend hours scrolling through the public listings, our clients have chosen our service because it offers accurate information and makes lining up viewing appointments a matter of a few clicks. Instead of trying to chase down an expired listing or contact an agent who is unavailable, our service can immediately supply you with a list of appointments with agents who are ready to sign the lease or make the sale. All we ask from you is basic information; what kind of properties you are interested in, your desired lease terms or sale price range, and the location in which you’d like to set up shop. We can quickly identify the properties that meet those criteria, and begin arranging appointments to view the suites that best your needs.
We pride ourselves on fostering relationships that are sustainable for both parties. Years of experience in this market have enabled us to create an excellent network of contacts that can sometimes tip us off to properties that have not yet been listed, giving our clients an advantage over all of those who are still simply looking at the publicly available online listings.
The greatest benefit to signing up for our service is our customized notifications, which we are able to supply to our clients after we understand what their needs are. Whether you’re looking for a ground floor suite in a historic neighborhood or a major parcel near the interstate, we can help you quickly find the right suite at the right time. We won’t waste your time with units that are too small, too large, or simply not equipped with the amenities you are seeking. We can help identify custom build out spaces as well as those that come with a specific set of furnishings.
Because this area has become such a hotbed of development, we’ve noticed that many residential buildings are converting former leasing offices into ground floor commercial suites. Some of these conversions come with unusual amenities, such as a grand lobby entrance, or specialized suites with interior glass partitions. Other special properties make use of older industrial structures, converting them into contemporary units while leaving some historic details intact. If you’re seeking a particular kind of property that features a mixture of these features in this neighborhood, we will easily be able to set up appointments to view them.
Commercial spaces can become the anchor of a neighborhood, helping not only to sell products, but to create a harmonious common meeting ground for the residents of the area. By signing up for our service, you’ll be able to participate in creating a thriving, sustainable neighborhood while securing the best possible location for your business.
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Retail Space