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Pending

123 Terrace St, Boston MA 02120

Commercial Sale

Be part of the Terrace St transformation. Approx. 1/4 mile to the Orange Line MBTA stop, almost 500 residential units are in the pipeline on or around the Terrace St corridor. 123 Terrace St is a 31,390 sqft lot with an existing 8500 sqft building and 10 car parking area as well as a 20x40 loading area. With Local Industrial zoning, the possibilities for commercial development are countless; light manufacturing and assembly, r&d offices/labs, wholesale, warehousing, trade shops/school, education, ATM, billiards, studios/galleries, restaurant, retail, kennel, and artist mixed use to name a few, are all Allowable. With a 2.0 FAR and the only restrictions being a 40 ft height and 20 ft setback (see article 59). Building is currently vacant, but existing business Diablo Glass School could be a well known anchor tenant and would like to remain/reopen. There is also strong interest from other potential tenants depending on buyers vision for the site. Ask broker for additional details. For a more experienced developer, the same density of other approved projects on Terrace st would be 130-140 residential units with ZBA variance.

This home has been viewed 16 times

Last Checked: October 2nd, 2026 at 8:28am (Source: MLS PIN #73581870)

General Information for 123 Terrace St, Boston MA 02120

Listing ID73581870

Property TypeCommercial Sale / Industrial

Price$3,499,000

Style

CityBoston

CountySuffolk

MLS AreaMission Hill

Neighborhood(s)

ZoningLI

Year Built1965

Disclosures for 123 Terrace St, Boston MA 02120

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsWall Mounted Tv's-Brackets To Remain

Compensation Based On

Contact Information for 123 Terrace St, Boston MA 02120

Agent

Name: Matthew O Hara

Office

Name: Blair Capital, LLC

Phone: 617-202-0000

Exclusive Listing Agent

Blair Capital, LLC

Matthew O Hara

Agent Phone

Office Phone

(617) 202-0000

Text Agent Call Agent Call Office

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EXIT

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