120 Water Street in Boston, Massachusetts is a ready-to-occupy boutique office building embodying the confluence of historic Boston and the modern appeal of the financial district. This is a unique opportunity to own 17,215 square feet in a truly historic location. The building’s systems are first class having been updated by Cresset Development in 2002. Interior high-end finishes have been meticulously maintained and updated. To reconstruct similar tenant improvements with finishes of this high quality would cost $70 to $90 per square foot.

Opportunities to purchase buildings of this character and caliber are scarce. The first floor restaurant tenant recently performed over $1 Million of improvements in 2008, demonstrating the site’s compelling location. The fifth floor office has integrated access to a balcony deck, which spans the width of the building along Water Street. This is a truly unique amenity in Boston’s financial district.

120 Water Street is situated in the heart of the Financial District, Boston’s epicenter for business and commerce. The property is easily accessible via public transportation and close to many of Boston’s historic landmarks. Grubb & Ellis has been hired as the exclusive broker for this sale.