Property profile

81 Boylston - Unit 1&B Brookline, MA 02445

OFF-MARKET
Warehouses
9,650 SF 0.02 ac lot
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Property summary

AI-generated overview

This exceptional Brookline investment opportunity presents two combined commercial condominiums totaling 9,650 square feet on bustling Boylston Street. The property features a 3,650-square-foot vacant retail storefront with impressive floor-to-ceiling windows offering excellent street frontage. This space benefits from high visibility and is ideally situated for a variety of retail uses. Additionally, a 6,000-square-foot lower-level space is currently leased to a nationally recognized tenant under a 10-year lease agreement with a 3% annual rent increase, currently at $13,282.50+ NNN. This provides immediate and substantial rental income. The building is a newer construction and the property includes two off-street parking spaces. The combined units are situated on a 0.02-acre lot and are legally conforming. This property's prime location offers close proximity to high-end residential areas, hotels, retail establishments, hospitals, and office complexes, making it an attractive investment opportunity with strong potential for both rental income and future appreciation. The asking price is $4,250,000, representing a price per square foot of $440.41. This is a rare chance to acquire a well-positioned, dual-use commercial property in a highly desirable Brookline location. The property is a two-story building, legally conforming to zoning regulations.

Property profile

Verified
Property type Warehouses
Total area 9,650 SF
Lot 0.02 ac (871 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

81 Boylston - Unit 1&B Brookline, MA 02445
Brookline metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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