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$30,000,000
51 Days On Site

29-35 Temple Place
Boston, MA 02110

For Sale|Multi Family|Active
42
Beds
32
Full Baths
0
Partial Baths
26,600
SqFt
$1,128
/SqFt
1895
Built
County:
Suffolk
Call Now: 617-487-8082
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617-487-8082
29-35 Temple Place29-35 Temple Place29-35 Temple Place29-35 Temple Place
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Presenting 29-35 Temple Place (“Temple Place Suites”), which is a 26,600 square foot, 6-story, mixed-use (residential over retail), elevator building, located in the heart of downtown Boston (just feet from Boston Common). Temple Place Suites Suites is designated with a Lodging License for 48 units (although the building is currently configured with only 42), and the current owner operates the residential portion (floors 2 through 6) as short-term, furnished, Airbnb style, rentals. There is a significant Value-Add Opportunity for the next owner to grow revenue by: (i) increasing the room count up to the permitted 48 units (this alone represents a 14.3% increase), (ii) increasing the average unit rental rate which is significantly below market, and (iii) potential additional density increase (current FAR is 8.0). The commercial portion of the building (floors 1 and basement) is fully occupied by one tenant (a micro-brewery, restaurant, and taproom). Apartment furnishings are included.

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Listing Snapshot
Price 
$30,000,000
Days On Site 
51 Days
Bedrooms 
42
Inside Area (SqFt) 
26,600 sqft
Total Baths 
32
Full Baths 
32
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1895
MLS® Number 
73296327
Status 
Active
Property Tax 
$9
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.11
Foundation 
Concrete PerimeterSlab
Number Of Stories 
18
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
26600
Water Source 
Public
Interior Features
Fireplace 
Yes
Fireplaces 
18
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Exterior Features
Construction Details 
Frame
Lot Features 
Other
Roof 
Rubber
Listing courtesy of Christopher Sower of Cushman & Wakefield



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, landlords, 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, leasing or renting 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, leasing or renting. 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.

Data Last Updated at 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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