704 Washington St Brookline, MA 02446
- Retail space
- 4,125 SF
- 0.11 lot acres
Current Use by Public Records
- Retail space
Property Details for 704 Washington St
- Year built
- 1910
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.11 lot acres
- Property size
- 4,125 SF
- Zone code
- G175
- Property type
- Retail space
- APN
- BROO B:216 L:0016 S:0000
- APU
- BROOB216L0016S0000
Description
This exceptional retail opportunity is situated in the vibrant Washington Square neighborhood of Brookline, MA, at the highly visible intersection of Washington Street and Beacon Street. The property offers flexible space ideal for a variety of retail or restaurant uses, with available units ranging from 800 to 2,500 square feet. This location boasts unparalleled accessibility, being steps away from the MBTA Green Line C-train station, ensuring convenient access for customers and employees. The surrounding area is characterized by a thriving mix of upscale residential properties and established restaurants, creating a dense and affluent customer base. The building itself is a two-tenant structure, featuring a long-standing, well-regarded local establishment, Washington Square Tavern, which has been a Brookline fixture for over two decades. This provides a strong sense of community and established foot traffic. While the building does not offer on-site parking, the prime location and proximity to public transportation mitigate this. The total building encompasses 4152 square feet, divided into multiple suites, offering a variety of options to suit diverse business needs. This is a rare chance to secure a prominent retail space in a highly desirable and well-connected Brookline location. The minimum divisible space is 800 square feet, with a maximum contiguous space of 2,500 square feet. Inquire today to learn more about this exciting opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,440,000
- 6.5%
- $2,750,000
- 7%
- $2,870,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,145,000
- Geo Method
- $2,850,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,305,000
- Retail
- $3,275,000
- Mixed-Use
- $2,515,000
- Hospitality
- $2,360,000
- Educational
- $3,210,000
- Residential Income
- $2,950,000
- Energy
- $2,780,000
- Income-Based Land
- $2,630,000
- Food Service
- $2,945,000
Location Insight
- Map
- Local Demand
- City
- Brookline
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.1351
- Latitude
- 42.339
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
