8

19 Isabella Street, Boston MA19isabella.colliers.com/pdf/brochure-19-isabella-street-boston-ma.pdf · institutions employ thousands who live, work and play in the Back Bay, South

  • Upload
    others

  • View
    2

  • Download
    0

Embed Size (px)

Citation preview

Page 1: 19 Isabella Street, Boston MA19isabella.colliers.com/pdf/brochure-19-isabella-street-boston-ma.pdf · institutions employ thousands who live, work and play in the Back Bay, South
Page 2: 19 Isabella Street, Boston MA19isabella.colliers.com/pdf/brochure-19-isabella-street-boston-ma.pdf · institutions employ thousands who live, work and play in the Back Bay, South

ExecutiveSummary

Colliers International is pleased to present for sale 19 Isabella Street, the former Our Lady of Victories Church in the Bay

Village neighborhood of Boston. The Property hosts 14,600 SF of redevelopment potential, either through complete gut renovation

or the implementation of a full-scale condominium conversion.

Nestled between Back Bay, South End and the Theater District, Bay Village is Boston’s smallest neighborhood at just 6 blocks in size. 19 Isabella Street is proximate to a

multitude of employers, retailers, and entertainment options. Additionally, neighborhood amenities are all within walking

distance to the property, including Whole Foods, Loew’s Boston Hotel, Starbucks, neighborhood favorite Mike & Patty’s, and boutique shopping & fitness destinations.

19 Isabella’s large footprint and classic French Renaissance architecture provides an ideal opportunity for an investor/

developer to redevelop a centrally located, classic and exceptional property in one of the most desirable locations in Boston.

19 Isabella Street is available on an un-priced basis. Additional due diligence materials are available for qualified

buyers. We will be conducting tours of the property in the coming weeks with a call for offers to follow. Property

information can be found at 19isabella.colliers.com.

2

Page 3: 19 Isabella Street, Boston MA19isabella.colliers.com/pdf/brochure-19-isabella-street-boston-ma.pdf · institutions employ thousands who live, work and play in the Back Bay, South

2nd most walkableneighborhood in the city of Boston

100Transit Score of 4 MBTA

Stationswithin 0.5 miles

Renter Occupied Housing

66%31.9Median Age

BAY VILLAGE DEMOGRAPHICS

3

Page 4: 19 Isabella Street, Boston MA19isabella.colliers.com/pdf/brochure-19-isabella-street-boston-ma.pdf · institutions employ thousands who live, work and play in the Back Bay, South

4

Page 5: 19 Isabella Street, Boston MA19isabella.colliers.com/pdf/brochure-19-isabella-street-boston-ma.pdf · institutions employ thousands who live, work and play in the Back Bay, South

Significant Value Add PotentialBuilt in 1891, the property boasts a free-standing brick building

with four window lines. The existing church is tall enough to easily provide three floors within the existing shell as well as additional density on top of the existing structure. The

property is well positioned for by-right multifamily use.

Employment Access19 Isabella is located minutes from the headquarters of

major employers including Liberty Mutual, Natixis Global, Wayfair, and John Hancock. These rapidly growing global

institutions employ thousands who live, work and play in the Back Bay, South End, and Bay Village neighborhoods.

Bay Village CentralityLocated just southwest of Downtown Boston, Bay Village is a historic neighborhood with gas light lined streets, historic facades, and brick sidewalks. Residents enjoy easy walking

access to the surrounding parks, shops, restaurants, and theaters of Downtown Boston, Back Bay, and the South End.

Convenience to TransportationThe Isabella boasts convenient access to multiple MBTA stations on the Green and Orange Lines as well as the Commuter Rail, multiple

bus lines and Interstate-90/Mass Pike. Back Bay Station, one of Boston’s busiest transit hubs, is a 5 minute walk from the property.

Epicenter of DevelopmentThe Back Bay & South End neighborhoods have experienced a surge

in development with many upcoming large-scale projects in the pipeline across all sectors, including office, retail, and cultural. Notable

developments include Back Bay/South End Gateway, The Exchange, 321 Harrison Ave, 380 Stuart Street, and 40 Trinity Place (Raffles Hotel).

French Renaissance Architecture19 Isabella boasts classic Boston Brick architecture with period detail from the early 1900s. Located on a quite tree-lined street,

the property epitomizes the classic Boston aesthetic.5

Page 6: 19 Isabella Street, Boston MA19isabella.colliers.com/pdf/brochure-19-isabella-street-boston-ma.pdf · institutions employ thousands who live, work and play in the Back Bay, South

90

Liberty Mutual

Columbus Ave

Berkeley Street

Cortes Street

Isabella Street

Citrus & Salt

6

Page 7: 19 Isabella Street, Boston MA19isabella.colliers.com/pdf/brochure-19-isabella-street-boston-ma.pdf · institutions employ thousands who live, work and play in the Back Bay, South

Arlington Street

Mooncussers Fish House Smith & Wollensky

Castle at Park Plaza

Nahita

7

Page 8: 19 Isabella Street, Boston MA19isabella.colliers.com/pdf/brochure-19-isabella-street-boston-ma.pdf · institutions employ thousands who live, work and play in the Back Bay, South

MULTI-FAMILY ADVISORY GROUP

Christopher Sower617-330-8141

[email protected]

Bruce Lusa617-330-8043

[email protected]

Jonathan Bryant617-330-8081

[email protected]

John Flaherty617-330-8151

[email protected]

FINANCING

Stephen Horan617-330-8048

[email protected]

Patrick Boyle617-330-8053

[email protected]