185 Devonshire Street , #100

    Boston, MA 02110
    • $2,101,356
    • STATUS: Active
    • MLS #: 72464339
    New
    UPDATED: 18 min ago
    $2,101,356
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1915
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Todd Tremblay of Horvath & Tremblay.

    Description

    185 Devonshire is a boutique office building with street-level retail that was renovated and converted into office and retail condominiums in 2007. Retail Unit 100 is located on Devonshire Street, immediately adjacent to the buildings "front door and lobby entrance. The retail condominium consists of 3,293 square feet that is subdivided into two storefronts, each with its own direct street access. Unit 100-A is leased to Weight Watchers with a corporate guaranty. The Weight Watchers lease expires in December 2021 and includes a $1.00 per square foot rent escalation each year. Weight Watchers pays their pro rata share of the real estate taxes and condominium fee, which is inclusive of all operating expenses. Unit 100-B is leased to DGuru Restaurant/Guru The Caterer, a popular Indian restaurant and catering business with locations in Boston and Somerville. DGuru has been operating at the location for over 10 years and recently executed a 10-year lease extension.

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    The property listing data and information 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 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 set forth herein. Data last updated 2019-03-20T11:47:57.63.
    www.munceygroup.com/homes/92634813

    185 Devonshire Street , #100 Boston, MA 02110

    • Price: $2,101,356
    • Status: Active
    • Updated: 18 min ago
    • MLS #: 72464339
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1915
    Built
    Neighborhood:
    Other
    County:
    Suffolk
    Area:
    Other
    Property Description
    185 Devonshire is a boutique office building with street-level retail that was renovated and converted into office and retail condominiums in 2007. Retail Unit 100 is located on Devonshire Street, immediately adjacent to the buildings "front door and lobby entrance. The retail condominium consists of 3,293 square feet that is subdivided into two storefronts, each with its own direct street access. Unit 100-A is leased to Weight Watchers with a corporate guaranty. The Weight Watchers lease expires in December 2021 and includes a $1.00 per square foot rent escalation each year. Weight Watchers pays their pro rata share of the real estate taxes and condominium fee, which is inclusive of all operating expenses. Unit 100-B is leased to DGuru Restaurant/Guru The Caterer, a popular Indian restaurant and catering business with locations in Boston and Somerville. DGuru has been operating at the location for over 10 years and recently executed a 10-year lease extension.
    Exterior Features

    Location Downtown Parking Spaces 0 Stories 1

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 3293.00 Rsf Building Sq Ft 0.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 0.00 Assessed Value Land 0.00 Assessed Value Total 1382000.00 Commercial Industrial Type Commercial Condo Disclosure No Exchange No Lease Yes Lease Type Triple Net Lease (Nnn) Lender Owned No Mau Units 0 Net Operating Income 126993.00 Ofu Units 0 On File21 E No Reu Units 2 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2019 Taxes 34870.50 Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning B-10

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Todd Tremblay of Horvath & Tremblay.


    The property listing data and information 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 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 set forth herein. Data last updated 2019-03-20T11:47:57.63.
     
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    363 Centre Street
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    Listing courtesy of Todd Tremblay of Horvath & Tremblay.