BOSTON – Boston Realty Advisors, the Boston area’s largest independent commercial real estate brokerage, is representing the owners of 399 Washington Street, a retail and office property opportunity in the Downtown district of Boston, for sale.
The five-story, 76,000-square-foot property in 2021 underwent a thorough renovation of the LEED-certified base building systems and has sunny and open floor plates. An additional lower level is highly functional.
Retail space is available on first, second, and lower-level floors. Office space is available on third, fifth, and a completely redeveloped fourth floor.
"399 Washington offers investors an opportunity to acquire value-add asset with business-plan optionality," said Whitney Gallivan, Managing Director and Partner of Boston Realty Advisors. The property is owned REO by a lending institution.
It is offered for sale on an unpriced basis. Boston Realty Advisors is conducting tours of 399 Washington Street, with a call for offers to follow.
The building, with an address on historic Washington Street, is centrally located with extraordinary commuter access on the MBTA transit and Commuter Rail systems, including immediate proximity to the Park Street and Downtown Crossing MBTA stations, which offer Green, Orange and Red Line access.
It is a premier retail location in a neighborhood with concentrated shopping and restaurant amenities, long a hub of diverse retail tenants with strong demand due to the heavy foot traffic of commuters, visitors, students and residents.
399 Washington was designed by noted Bostonian architect Nathaniel J. Bradlee, and the modernized, two-story facade and restored stone-fronted architecture exemplifies this historic stretch of Downtown Boston.
