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    Versatile Brookline Commercial Property Title is generated by Realmo AI

    115 Dummer St, Brookline, MA 02446

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    For Sale
    $8,900,000

    Exceptional 18,000+ sq ft commercial property near BU.

    Property size:
    18,699 SF
    Price / SF:
    $475/SF
    Added:
    Mar 11, 2026
    Days on Market:
    109
    Last Refresh:
    Mar 16 at 10:56 am

    Property Features for 115 Dummer St

    General Information

    Standard status
    Active
    Size
    18,699 SF

    Building Details

    Year Built
    1910

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    Shari Sklar Jacobson

    Listing office Coldwell Banker Realty - Newton

    Listing date Mar 11, 2026

    Source Corcoran

    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 Coldwell Banker Realty - Newton

    HighLights

    • Exceptional commercial development opportunity in a sought‑after Brookline location near BU.
    • Expansive 18,000+ sq ft free‑standing building with a flexible, open floor plan.
    • Benefit from 10+ on‑site parking spaces, a rare amenity in this area.
    • Large drive‑in studio space (48' x 48') suitable for various creative uses.
    • Fully equipped kitchen with dedicated dining area.
    • Convenient access to public transportation, shops, restaurants, Fenway, Back Bay, I‑90, and Storrow Drive.

    Overview

    This versatile free-standing commercial property, totaling over 18,000 sq ft, is located near BU. The building features a flexible, open floor plan suitable for various commercial or creative uses. It includes over 10 on-site parking spaces, a fully equipped kitchen with a dedicated dining area, and 4 half baths. The property also offers separate entrances and a large drive-in studio space measuring 48' x 48'. Inside, there are multiple private offices, several conference rooms, and a reception area. Situated one block from Commonwealth Avenue, the property provides convenient access to public transportation, shops, and restaurants. It is also located near Fenway, Back Bay, I-90 (Mass Pike), and Storrow Drive. This property represents a commercial asset in Brookline.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.01M $54.24
    − Vacancy −$223.1k −$11.93
    EGI $791.1k $42.31
    − OpEx −$197.8k −$10.58
    NOI $593.3k $31.73
    18,699 SF · lease $54.24/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $8.48M
    $7.42M – $9.89M (±1% cap)
    NOI $593,327 @ 7.0% cap · market cap 6.67%
    Second Best
    Specialty Retail
    $5.00M
    $4.38M – $5.84M (±1% cap)
    NOI $350,256 @ 7.0% cap · market cap 3.94%
    Theoretical Best
    Office A
    $11.07M
    $9.69M – $12.91M (±1% cap)
    NOI $774,882 @ 7.0% cap · market cap 8.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Video Transfer IT Consulting Firm National Boston Film Production Lo Conte 2 ... Art Gallery Rumblestrip Audio Newspaper & Magazine

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brookline
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1166902
    Latitude
    42.350384

    FAQs

    What type of property is this?
    Office building - Exceptional 18,000+ sq ft commercial property near BU.
    Where is this office building located?
    The property is located at 115 Dummer St Brookline, MA.
    What is the asking price?
    The asking price for this property is $8,900,000.
    What are key features of this property?
    This property features: Exceptional commercial development opportunity in a sought‑after Brookline location near BU.; Expansive 18,000+ sq ft free‑standing building with a flexible, open floor plan.; Benefit from 10+ on‑site parking spaces, a rare amenity in this area.
    More about this property
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