Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1368 Beacon St Brookline, MA 02446

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office condo in Coolidge Corner, steps from public transportation.

    Property Features for 1368 Beacon St

    General Information

    Property type
    Commercial
    Standard status
    Active

    Building Details

    Year built
    1930

    We can help!

    Listing Contact
    Ravi Davae
    Source: Elliman

    Listing Agent: Ravi Davae

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

    Learn more

    Overview

    Brookline Office Condo For Sale

    Located in Coolidge Corner, Brookline, this private office condo is situated among established professionals, including dental practices, health and wellness specialists, therapy clinics, and real estate firms. The location on Beacon Street provides visibility and foot traffic, with convenient access to the Green Line (C). This property is suitable for operating a business or as an investment.
    Location Intelligence

    Current Use by Public Records

    Jennifer Forrester Physician Muscular Solutions, LLC Alternative Medicine Practice Neal McGrath, PhD ... Medical Clinic Evans Craig F Foster Care Service Dr. Kara Fitzgerald Physician

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookline
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.123489
    Latitude
    42.3418839

    Nearby Similar for Sale

    • $475,000
      790 SF

      Brookline Medical Office For Sale

      790 SF office ideal for psychiatry, social workers, mental health.
      1180 Beacon St, Brookline, MA 02446
      View Details
    • $649,999

      Modern Brookline Office Space For Sale

      Renovated 8-room office space near public transport and parking.
      1842 Beacon St, Brookline, MA 02445
      View Details
    • Contact for pricing

      Office Condo Near Green Line

      Office condo for sale near public transportation.
      1842 Beacon St, Brookline, MA 02445
      View Details
    • $649,999

      Modern Office Space in Brookline

      Renovated office space in a high-visibility, profitable location.
      1842 Beacon St, Brookline, MA 02445
      View Details
    • Contact for pricing

      Established Japanese Cuisine Restaurant Opportunity

      Long-established Japanese restaurant with liquor license for sale.
      1280 Beacon St, Brookline, MA 02446
      View Details
    • Contact for pricing
      238 SF

      Coolidge Corner Office Condo

      Office condo in Brookline's Coolidge Corner with high visibility.
      1368 Beacon St, Brookline, MA 02446
      View Details
    • Contact for pricing

      Brookline Village Retail Condo Opportunity

      Rare vacant retail condo in prime Brookline Village location.
      60 Harvard 1B, Brookline, MA 02445
      View Details
    • Contact for pricing

      Brookline Village Retail Condo

      Retail condo in prime location with signage and parking.
      60 Harvard St, Brookline, MA 02445
      View Details
    • Contact for pricing
      4,480 SF

      Brookline Mixed-Use Investment Opportunity

      Six-unit mixed-use property in Brookline with retail and residential income.
      1620 Beacon St, Brookline, MA 02446
      View Details
    • Contact for pricing

      Mixed-Use Property in Brookline, MA

      Six-unit mixed-use property with retail and apartments in Brookline.
      1620 Beacon St, Brookline, MA 02446
      View Details
    • Contact for pricing

      Brookline Mixed-Use Investment Property

      Six-unit mixed-use property in Brookline, MA, with strong income.
      1620 Beacon St, Brookline, MA 02446
      View Details

    FAQs

    What type of property is this?
    Office units - Office condo in Coolidge Corner, steps from public transportation.
    Where is this office units located?
    The property is located at 1368 Beacon St Brookline, MA.
    What are key features of this property?
    This property features: - Prime Coolidge Corner location on Beacon Street.; - Steps from the Green Line (C) for unmatched convenience.; - High visibility and steady foot traffic.
    (617) 356-9438
    Request Owner's contact information
    1368 Beacon St Brookline, MA 02446
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1368 Beacon St
    Brookline, MA 02446
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1368 Beacon St Brookline, MA 02446
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ravi Davae
    (617) 356-9438
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!