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12 Derne St

366 SF of Retail Space Available in Boston, MA 02114

Highlights

  • Built in 1899, this property combines historic charm with modern functionality.
  • Conveniently located near the MGH Red Line and Park Street Red/Green Line subway stops.
  • Suitable for various retail purposes. Please check with zoning for allowed uses.
  • Located in a bustling area with a high Walk Score of 98 (Walker’s Paradise) and a Transit Score of 100 (Rider’s Paradise).
  • Available from December 1, 2024 as fully built out retail space.
  • Great signage in a heavy daytime foot traffic area.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 366 SF
  • 1 Year
  • $103.62 CAD/SF/YR $8.64 CAD/SF/MO $1,115 CAD/m²/YR $92.95 CAD/m²/MO $3,161 CAD/MO $37,926 CAD/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Prime Beacon Hill location, directly behind the State House and the Court. Short walk to Massachusetts General Hospital, financial district, Tremont Street and many other businesses. Short walk to MGH red line and Park Street red/green line stop. Currently used a pick up/drop off only dry cleaner (no dry cleaning are done on site), can be used as a store front or many other businesses. Please check with zoning on what's allowed.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Display Window
  • Different uses available
Space Size Term Rental Rate Rent Type
1st Floor 366 SF 1 Year $103.62 CAD/SF/YR $8.64 CAD/SF/MO $1,115 CAD/m²/YR $92.95 CAD/m²/MO $3,161 CAD/MO $37,926 CAD/YR Triple Net (NNN)

1st Floor

Size
366 SF
Term
1 Year
Rental Rate
$103.62 CAD/SF/YR $8.64 CAD/SF/MO $1,115 CAD/m²/YR $92.95 CAD/m²/MO $3,161 CAD/MO $37,926 CAD/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Prime Beacon Hill location, directly behind the State House and the Court. Short walk to Massachusetts General Hospital, financial district, Tremont Street and many other businesses. Short walk to MGH red line and Park Street red/green line stop. Currently used a pick up/drop off only dry cleaner (no dry cleaning are done on site), can be used as a store front or many other businesses. Please check with zoning on what's allowed.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Display Window
  • Different uses available

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 12 Derne St , Boston, MA 02114

Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 1,903 SF
Year Built 1899

About the Property

Welcome to 12 Derne St, a prime retail space located in the heart of Boston’s historic Beacon Hill neighborhood. This 366 sq ft unit offers an excellent opportunity for businesses looking to establish a presence in one of Boston’s most prestigious areas. The rent is only $2,250 per month. Key Features include 366 sq ft of fully built-out retail space situated directly behind the Massachusetts State House and the Court, providing high visibility and heavy foot traffic. Additional storage room is available as well. A short walk to Massachusetts General Hospital, the financial district, Tremont Street, and many other businesses is available for tenants and clients. This property is conveniently located near the MGH Red Line and Park Street Red/Green Line subway stops. Currently used as a pick-up/drop-off dry cleaner (no on-site dry cleaning, the current operator has been there for 50 years), but suitable for various retail purposes. Multi-year lease preferred. Please check with zoning for allowed uses.

Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
70,783
440,136
953,056
1,242,917
2029 Population
68,992
426,128
917,459
1,196,916
2024-2029 Projected Population Growth
-2.5%
-3.2%
-3.7%
-3.7%
Median Age
35.8
33.3
34.3
35.8
College Degree + Higher
73%
61%
54%
28%
Daytime Employees
294,855
669,688
851,177
969,312
Total Businesses
23,264
58,413
83,660
101,665
Average Household Income
$149,735
$127,327
$120,025
$124,931
Median Household Income
$116,527
$93,215
$88,715
$93,670
Total Consumer Spending
$1.3B
$6B
$12.5B
$16.7B
2024 Households
37,105
191,400
395,836
505,478
Average Home Value
$919,533
$834,540
$772,180
$772,332
$ values in USD

Nearby Major Retailers

Planet Fitness
Whole Foods Market
Bank of America
Starbucks
WW
F45 Training, Inc.
Luke's Lobster
Dig
Clover Food Lab
Chase Bank
  • Listing ID: 33675744

  • Date on Market: 2024-10-29

  • Last Updated:

  • Address: 12 Derne St, Boston, MA 02114

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