How much is too much to pay for parking? Moreover, what would you pay to own a parking spot in Back Bay? The answer, it seems, is a lot. And for the right buyer with an eye on convenience, perhaps it’s the right fit.
An article on the BBJ noted that a pair of tandem parking spots at 298 Commonwealth Ave. in Boston’s Back Bay recently “set a record for the highest price ever paid for a strip of asphalt…[when] bidding at the IRS auction began at $42,000 and soared to $560,000 within 15 minutes.”
The post on the Boston Business Journal also included a list of the most expensive parking spaces in Boston.