Property profile

181 Brighton Ave Allston, MA 02134

OFF-MARKET
Retail space
Property ID
US38-0346794
23,156 SF 0.47 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,760-square-foot retail space at 181 Brighton Avenue in Allston, Massachusetts, presents a unique investment opportunity. Located in Suffolk County, this single-tenant property boasts a significant advantage: 75 designated parking spaces – a rare find in a bustling urban setting. The building's former use as a bank ensures a solid foundation and potentially adaptable layout. The property is completely vacant, offering immediate occupancy for a new tenant. Allston's vibrant neighborhood, home to over 35,000 residents, provides a strong potential customer base. Its proximity to major universities – Boston University, Harvard University, and Boston College – further enhances its appeal. The area is experiencing significant growth, with planned developments like Boston Landing and Allston Yards adding over 2 million square feet of office, lab, retail, and residential space. This influx of new development promises increased foot traffic and a thriving commercial environment. This property is ideally suited for a variety of retail uses and represents a compelling investment in a rapidly evolving and densely populated area of Boston. The property's size and parking capacity make it particularly attractive to businesses requiring ample space and convenient parking for customers and employees. This is a rare opportunity to secure a prime retail location in a high-growth area of Boston.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction BRICK
Total area 23,156 SF
Lot 0.47 ac (20,467 SF)
Zoning code C
APN ALLS W:21 P:00735 S:000
UPID US38-0346794

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Atm
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Pharmacy
  • Bank Credit Union

Location

181 Brighton Ave Allston, MA 02134-2007
Allston metro Census 805 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.96M

Owner & transaction history

Zoning & alternative use

C · Allston, MA

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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