617-850-9647
88 N Washington St, Boston, MA for Sale
Hospitality - FOR SALE
1/12
null | Request Cap Rate

88 N Washington St
Boston, MA 02114
North End Boston


HIGHLIGHTS

  • EXISTING ENTITLEMENTS
  • AREA DEVELOPMENT
  • TRANSIT ORIENTED
  • STRONG MARKET DYNAMICS
  • HIGHLY VISIBLE SITE
  • MAIN INTERSECTION

OVERVIEW

Boston Realty Advisors is pleased to present an exceptional development opportunity at 88 North Washington Street in Boston, MA. 88 North Washington Street consists of +/- 2,190 SF of land with current entitlements of over 18,200 GSF. The current entitlements call for a 42-key boutique hotel with an 8.3-floor-area ratio. This site benefits from extremely favorable, which includes residential as an allowed use and has no parking requirements. Prior to the existing entitlements, the owner had secured approvals for a 128' tall, 18.2 FAR hotel which underscores the desire for density in this location. Located along a main thoroughfare which acts as a gateway to downtown Boston, 88 NOWA offers a highly visible site at one of the most active intersections in Boston. The immediate surrounding area has gone through a renaissance of development. Boston Properties developed a 1.9 million square foot mixed-use center just steps away at North Station as well as HYM Investment Group’s 2.9 million square foot redevelopment of Government Center Garage. Additionally, the property is located just a 3-minute walk from the TD Garden which is the home of the Boston Celtics and year-round entertainment. The North Station/Waterfront area is truly a transit-oriented location with a supreme employment base which continues to grow. 88 NOWA depicts a phenomenal offering in a highly trafficked urban location primed for development. We will be conducting tours of the property in the upcoming weeks with a “call-for-offers” to follow.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

42

CAP RATE

Request Cap Rate

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NOWA Hotel Boston

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

8

ROOM ENTRANCE

Interior

BUILDING CLASS

A

YEAR BUILT

2027

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,159 SF

ZONING

Bulfinch Triangle

APN/PARCEL ID

CBOS-000000-000003-001461

ASK ABOUT THIS PROPERTY

Kevin BenzingerBoston Realty AdvisorsMore Info
617-850-9647

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Kevin BenzingerBoston Realty AdvisorsMore Info
617-850-9647

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.