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Extremely rare opportunity to acquire a block of 25 parking spaces in the heart of downtown Boston. The spots are part of a 283 space valet garage that is professionally managed by LAZ parking. The current owners rent spaces on a monthly basis. The highest and best use of the spots would be for an end user, institution or someone who wanted to more actively manage the parking spaces. Each space has a $130 monthly HOA fee that covers the valet, insurance and all cost associated with the garage. The parking spaces are located in a prime location with extremely high demand for parking. Less than 100 feet from Tufts Medical Center and within a 1/4 mile of the Boston Common, Theater District, night clubs, university's and much more. Yearly tax per spot is $587.76. See attached documents - spaces are exempt from restrictions in condo docs limiting who can buy spaces.

Property Details of 1 Nassau Street, Chinatown

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Listed by Edward Murphy of weRENTcentralmass

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