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125 Tremont Street Boston, MA 02108
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Key Details
Sold Price $8,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 72739287
Annual Tax Amount $999
Tax Year 999
Lot Size 7,840 Sqft
Property Description
125 Tremont is located directly across the street from Boston Common and is central to Boston's top employment districts, tourist attractions, restaurants and shops in the Financial District, Theater District, Downtown Crossing and Back Bay making it one of the most strategic and desirable locations within the city. The Park Street MBTA station (Green Line and Red Line) is located steps from the building while Downtown Crossing (Orange Line) is less than a five-minute walk away. Comprised of 15,185 rentable square feet, over 3-stories, the existing Class B building is 100% occupied by quality office and retail tenants on short term below market leases. 125 Tremont ia ideally positioned for a value-add repositioning of the existing building or a fullscale redevelopment of the underbuilt 8,015 square foot site. Given its premium location and the attractive underlying zoning, 125 Tremont offers multiple compelling potential future use and development scenarios.
Location
State MA
County Suffolk
Zoning 999
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Bought with Christopher Sower • Colliers International

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