B Boylston St Brookline, MA 02445

Property Details for B Boylston St

Year built

1985

Lot size

0.02 lot acres

Property type

Commercial real estate

Description

This exceptional Brookline Village commercial condo presents a rare investment opportunity. The property boasts a total of 9,700 square feet, strategically divided into two key components. The street-level retail space, encompassing 3,700 square feet, features an expansive glass storefront, soaring ceilings, and a versatile open floor plan ideal for a variety of businesses. A kitchenette and a handicap-accessible bathroom add to its functionality. This space is perfect for owner-occupancy or generating income through leasing. Adding significant value is a 6,000-square-foot sub-level commercial space currently leased to a national credit tenant under a 10-year lease with a 3% annual increase and options. This lease generates a monthly net income exceeding $13,300 and has been in place for 30 years. The property's location on Boylston Street in Brookline Village ensures high visibility and accessibility, benefiting from substantial daily vehicular traffic. Two dedicated on-street parking spaces are included, along with ample additional on-street parking. This unique offering combines immediate income generation with the potential for significant long-term growth. The asking price for this exceptional property is $4,000,000. The 0.02-acre lot provides a solid foundation for this thriving commercial enterprise.

Location Insight

City

Brookline

County

Norfolk

State

Massachusetts

Longitude

-71.118

Latitude

42.3315