VALUE-ADD ASSET WITH IN-PLACE CASH FLOW
Boston Realty Advisors is pleased to present an exceptional opportunity to acquire 353 Newbury Street, a 9,491 square foot boutique mixed-use building located on the last block of Newbury Street in Boston, Massachusetts. The four-level building is currently 57% occupied by LF Stores and Johnson Paint on short-term leases providing investors with various redevelopment scenarios.
353 Newbury Street is situated on one of the most dynamic blocks on Newbury Street due to its access to top universities; numerous high-end residential communities; prolific street-grade accessibility; and larger floorplates.
Owned by the same family since 1939, 353 Newbury Street offers investors an exceptionally rare repositioning opportunity (as single-tenant retail, boutique retail/office or luxury residential) located on the most desirable retail and pedestrian corridor in one of the most sought after investment markets in the U.S.
For more information please visit 353Newbury.com