Commercial Sale at 1187-1195 Blue Hill Ave, Boston MA 02126, Boston
1 photo

$2,199,000

1187-1195 Blue Hill Ave, Boston MA 02126
Boston, MA 02126
Listed by Charne Dixon
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Excellent opportunity to acquire a fully leased, income-producing retail property along Blue Hill Avenue in Mattapan. This approximately 7,000 SF, two-story commercial building is 100% occupied by multiple tenants and generates approximately $205,572 in annual NNN income, or $17,131 per month. Offered at $2,199,000, the property delivers an attractive approximately 9.35% capitalization rate, providing a new owner with immediate cash flow and an established income stream from day one.Located along one of Mattapan’s primary commercial corridors, this stabilized investment offers a compelling combination of full occupancy, multiple income streams, NNN tenancy, and strong in-place yield. The property is well suited for investors seeking a passive-income commercial asset with Boston real estate exposure and the benefit of established tenancy in a well-known neighborhood.

Property details

MLS #
73582985
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
37
On market date
September 1, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.16 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Young Achievers
0.19 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
555
Student:teacher ratio
12.6:1
District
Boston
Middle
Washington Irving Middle
1.69 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
133
Student:teacher ratio
6.3:1
District
Boston
High
Boston International High School
0.59 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
421
Student:teacher ratio
8.4:1
District
Boston

Walkability

Blended score for Boston's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

57
Somewhat walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Boston, from live MLS data.

On the market 37 days -- 81 fewer days than Boston's current average of 118 days.
For reference, the median list price across 8,536 active listings in Boston right now is $59,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$13,393/mo
$439,800 down
$1,759,200 loan
Principal & interest$11,410
Property tax (est.)$1,833
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 9 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.