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The price is right!

price-is-right-real-estate

Believe it or not, the asking price of $18 million to $25 million for the Back Bay’s Ames-Webster building is not that out of line.

At 26,000 square feet, it comes out to a mere $692 per square foot to $961 per square foot — or well under $1 million per fireplace. Dare we say, such prices are not unheard of in certain neighborhoods and towns.

Of course you have to come up with $18 million to $25 million — and there’s no mention of parking spaces, gosh darn it.

Read other posts about: Back Bay Condos

Posted by on 10/14/09 |
| Read 2 Comments »

2 Responses to “The price is right!” »»

  1. Rich
    Comment by Rich | 10/15/09 at 6:03 am

    I looked at renting an office in the Ames-Webster building a few years back. Very interesting building, but I think it is money pit. It would take a lot of money to turn the building into condos.

  2. Numbers Guy
    Comment by Numbers Guy | 10/15/09 at 2:19 pm

    Then it should sell at that price, no?

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