81 Boylston - Unit 1&B Brookline, MA 02445
- Warehouses
- 9,650 SF
- 0.02 lot acres
Current Use by Public Records
- Warehouses
Property Details for 81 Boylston - Unit 1&B
- Lot size
- 0.02 lot acres
- Property size
- 9,650 SF
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brookline
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.1196
- Latitude
- 42.3314
