Medical Office Condo with Treatment
New
For Sale
$750,000
1051 Beacon St Unit 8, Brookline, MA 02446
Fourth-floor suite in an elevator-served building includes dedicated parking and a flexible clinical layout.
Property Size1,915 SF
Price / SF$646.55
Days on Market4
Property Features for 1051 Beacon St Unit 8
General Information
Standard status
Active
Size
1,915 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Commercial
Additional Details
Floor
4
Public Transit
Yes
Building Details
Building Size
1,915 SF
Year Built
1915
Listing Agency:
FRAME Residential
Listed By:
Matthew Petty
(617) 543-3900
Source:
Iverty
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 5:24AM
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 condo occupies the fourth floor of a professionally managed building constructed in 1915. The plan includes a reception area, waiting room, four treatment rooms or private offices, a laboratory, an additional office, a sanitation area, and two half baths. Plumbing and electrical connections are installed in the floors of the four treatment rooms or offices. The unit is vacant and includes one exclusive parking space at the rear of the building.
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 location, and major roadways are nearby. 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 location, and major roadways are nearby. Metered parking is available along Beacon Street.
Key Highlights
- 1,160‑square‑foot fourth‑floor medical office condo
- Four treatment rooms or individual offices with plumbing and electrical connections in the floors
- Includes reception, 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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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
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- 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 - Fourth-floor suite in an elevator-served building includes dedicated parking and a flexible clinical layout.
Where is this medical office space located?
The property is located at 1051 Beacon St Unit 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 condo; Four treatment rooms or individual offices with plumbing and electrical connections in the floors; Includes reception, waiting room, laboratory, office, sanitation area, and two half baths
