Property profile

77 Pond Ave NR1 Brookline, MA 02445

OFF-MARKET
Office Spaces
Property ID
US38-0813073
1,800 SF Built 1970
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial condo, located at 77 Pond Ave Nr1 in Brookline, MA, presents a unique investment opportunity. Priced at $1,050,000, this property is situated within The Brook House, a highly desirable location known for its blend of luxury residential amenities and commercial spaces. Currently configured as a fully operational dental office, complete with an integrated dental lab, the property offers significant flexibility for a variety of uses. The adaptable layout makes it ideal for medical practices, retail businesses, or general office spaces. The exact square footage is not currently specified. The property is situated on a lot of less than one acre. Its prime Brookline location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prestigious address. The combination of a desirable location within The Brook House and the versatility of the space makes this a rare and compelling opportunity for discerning investors and business owners. The existing dental office and lab setup provides a solid foundation for a seamless transition, or the space can be easily adapted to suit a new tenant's specific needs. Serious inquiries are encouraged to explore the potential of this exceptional commercial property.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1970
Construction CONCRETE
Total area 1,800 SF
Zoning code M20
APN BROO B:287 L:0014 S:0069
UPID US38-0813073

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
  • Architect
  • Alternative Medicine Practice Spa & Massage Center
  • Dental Office
  • Physician Medical Clinic
  • Charitable Organization Social Service Agency

Location

77 Pond Ave, Unit NR1 Brookline, MA 02445-7141
Brookline metro Census 400900 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
$650k
Comparable Approach Comparable
$476k
Blend (final) Blend
$650k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2014
Price N/A
1997
Price N/A

Zoning & alternative use

M20 · Brookline, 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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