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    8 Franklin St, Unit C1 Boston, MA 02134

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    For Sale
    $1,825,000

    New retail condominium in Allston Village, leased to sneaker retailer.

    Lot size:
    0.07 Acres

    Property Features for 8 Franklin St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    2024

    Source: William Raveis R.E. & Home Services Agent Nicoline Lomas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Allston Retail Storefront Condominium

    This retail storefront condominium is located in the historic Allston Hall building, at the corner of Braintree Street and Franklin Street in Allston, at the gateway to Allston Village. The property is leased to a sneaker and skateboard retailer on a long-term lease, with the tenant responsible for all NNN expenses. The storefront condominium includes the first floor and basement, benefiting from two street exposures. The entry level features large glass windows, tall ceilings, and approximately 1,660 square feet of open showroom space, along with a bathroom. A wide stair leads to the basement level, which offers an additional approximately 1,475 square feet of open space. This property is located in a convenient location experiencing growth.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Similar Places Nearby

    Madison Floral, Rouvalis Flowers & Gardens - Studio, Junebug, Cambridge Florist & Delivery 🌺, Baby Boyle Bouquets

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.067261
    Latitude
    42.378303

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    FAQs

    What type of property is this?
    Storefront property - New retail condominium in Allston Village, leased to sneaker retailer.
    Where is this storefront property located?
    The property is located at 8 Franklin St, Unit C1 Boston, MA.
    What is the asking price?
    The asking price for this property is $1,825,000.
    What are key features of this property?
    This property features: - 6.5+% CAP Investment Opportunity; - Brand New Retail Storefront Condominium (Built in 2024); - Long-Term Lease with Successful Sneaker & Skateboard Retailer
    (203) 644-9860
    Request Owner's contact information
    8 Franklin St, Unit C1 Boston, MA 02134
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    Boston, MA 02134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8 Franklin St, Unit C1 Boston, MA 02134
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