Medical Office Suite with
New
For Sale
$750,000
1051 Beacon St 8, Brookline, MA 02446
A fourth-floor suite combines treatment rooms, support areas, and an exclusive rear parking space.
Property Size1,160 SF
Price / SF$646.55
Days on Market2
Property Features for 1051 Beacon St 8
General Information
Standard status
Active
Size
1,160 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Commercial
Additional Details
Floor
4
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$13,066
Building Details
Year Built
1915
Listing Agency:
FRAME Residential
Listed By:
Matthew Petty
(617) 543-3900
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FRAME Residential
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Investment Insights
Based on property information with market context.
This 1,160-square-foot medical office suite occupies the fourth floor of a professionally managed, elevator-served building. Its layout includes a reception area, waiting room, four treatment rooms or individual offices with plumbing and electrical connections in the floors, a laboratory, a separate office, a sanitation area, and two half baths. The space is vacant and was most recently used by a dentistry business for approximately 40 years. The building dates to 1915.
The property is on Beacon Street in Brookline’s Longwood Corridor, between Coolidge Corner, Kenmore Square, and Longwood Medical. The Green C Line runs along the corridor, and the suite includes one exclusive parking space at the rear. Metered parking is available along Beacon Street.
The property is on Beacon Street in Brookline’s Longwood Corridor, between Coolidge Corner, Kenmore Square, and Longwood Medical. The Green C Line runs along the corridor, and the suite includes one exclusive parking space at the rear. Metered parking is available along Beacon Street.
Key Highlights
- 1,160‑square‑foot fourth‑floor medical office suite
- Four treatment rooms or offices with plumbing and electrical connections in the floors
- Reception area, waiting room, laboratory, office, sanitation area, and two half baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,455
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,100
$509.1K
Cap Rate 7%
$363,643
$363.6K
Cap Rate 9%
$282,833
$282.8K
Market Conditions
NOI Build-Up for 1,160 SF
Gross rent
$40.6K $35.04/SF
− Vacancy
−$6.7K −$5.78/SF
EGI
$33.9K $29.26/SF
− OpEx
−$8.5K −$7.31/SF
NOI
$25.5K $21.94/SF
Area
Norfolk County, MA
Vacancy
16.50%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,100
Cap Rate 7%
$363,643
Cap Rate 9%
$282,833
Alternative Uses
Best Use
Office B
$363.6K
$318.2K – $424.3K
NOI $25,455 @ 7.0% cap · market cap 3.39%
Second Best
Healthcare Medical
$299.0K
$261.6K – $348.8K
NOI $20,930 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$686.7K
$600.9K – $801.2K
NOI $48,070 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,115
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02446, MA
31,957
Population
15,298
Households
2.1
Avg Household Size
34
Median Age
85%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
24,582
Density / Sq Mi
$127,519
Median Household Income
$73,950
Median Earnings
$2,757
Median Rent
$1,172,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Boston Mobile Veterinary — brookline, ma 02446
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- Boston Veterinary Clinic — 1290 Beacon St, Brookline, MA 02446
- Sean T. Robinson, PA — 133 Brookline Ave, Boston, MA 02215, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - A fourth-floor suite combines treatment rooms, support areas, and an exclusive rear parking space.
Where is this medical office space located?
The property is located at 1051 Beacon St 8 Brookline, MA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,160‑square‑foot fourth‑floor medical office suite; Four treatment rooms or offices with plumbing and electrical connections in the floors; Reception area, waiting room, laboratory, office, sanitation area, and two half baths
