Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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