Listing photo for 1 Nassau Street, Boston, MA
Listing photo for 1 Nassau Street, Boston, MA
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1 Nassau Street,

Boston, MA

$2,500,000

0.23 Acres

Extremely rare opportunity to acquire a block of 25 parking spaces in the heart of downtown Boston. The spots are part of a 283 space valet garage that is professionally managed by LAZ parking. The current owners rent spaces on a monthly basis. The highest and best use of the spots would be for an end user, institution or someone who wanted to more actively manage the parking spaces. Each space has a $130 monthly HOA fee that covers the valet, insurance and all cost associated with the garage. The parking spaces are located in a prime location with extremely high demand for parking. Less than 100 feet from Tufts Medical Center and within a 1/4 mile of the Boston Common, Theater District, night clubs, university's and much more. Yearly tax per spot is $587.76. See attached documents - spaces are exempt from restrictions in condo docs limiting who can buy spaces.

Facts & Features
MLS® # 72776667
Price $2,500,000
Acres 0.23
Type Income/Multi Family
Sub-Type Commercial
Status Active
Annual Taxes $14,694
Tax Year 2020
Community Information
Address 1 Nassau Street
Subdivision Chinatown
City Boston
County Suffolk
State MA
Zip Code 02111
Amenities
Parking Spaces 25
Parking Garage, 21+ Spaces
Additional Information
Foreclosure No

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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