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75-81 Boylston St
Brookline, MA 02445

$4,250,000 USD

Freestanding Condo For Sale  •  9,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 22,500 SF
  • Lot Size 0.26 AC
  • Building Class B
  • Year Built 1989
  • Cap Rate 3.75 %
  • Tenancy Multiple
  • Zoning I1.0, Brookline
74 Transit Score
95 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit B & 1 Office/Retail 9,000 SF $4,250,000 USD
  • Unit Size: 9,000 SF
  • Condo Use: Office/Retail
  • Price: $4,250,000 USD
  • Sale Type: Investment
  • Price/SF: $472.22 USD
Description
This investment opportunity offers a compelling package featuring both a prominent retail space & a nationally recognized tenant secured for the next decade. Located in a stunning newer construction building, this offering consists of two commercial condos for sale. The first space includes a 3,650 sq ft retail storefront W/ impressive floor-to-ceiling windows overlooking Boylston St, currently vacant & offering exceptional frontage. The 2nd space comprises approximately 6,000 sq ft of fully leased area occupied by RCN, complete with 2 off-street parking spaces, under the initial stages of a 10-year lease agreement.Combined, these two spaces total over 9,600 sq ft of prime commercial space on Boylston Street, a bustling thoroughfare leading directly into the heart of the city. The property enjoys close proximity to high-end residential properties, hotel chains, retail vendors, hospitals, & office complexes, making it an ideal location for both investment & business operaratio.

Sale Notes
These are 2 condos for sale consisting of a vacant retail space with excellent frontage and a 9,000 sq ft space leased to a national company for many years that just exercised their 10 year option with 3% annual increases

Financial Summary

Cap Rate: 3.75 %
Total Expenses: $909 USD

Public Transportation

Commuter RailDriveWalkDistance
Ruggles (Franklin Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Needham Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line), Providence/Stoughton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 9 min - 2.8 mi
Forest Hills (Needham Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 9 min - 2.9 mi
Transit/SubwayDriveWalkDistance
Brookline Village Station (Green Line - D - Massachusetts Bay Transportation Authority Subway (The T)) 3 min 4 min 0.2 mi
Riverway Station (Green Line - E - Massachusetts Bay Transportation Authority Subway (The T)) 4 min 8 min 0.4 mi
Brookline Hills Station (Green Line - D - Massachusetts Bay Transportation Authority Subway (The T)) 3 min 9 min 0.5 mi
Back Of The Hill Station (Green Line - E - Massachusetts Bay Transportation Authority Subway (The T)) 5 min 10 min 0.5 mi
Mission Park Station (Green Line - E - Massachusetts Bay Transportation Authority Subway (The T)) 5 min 10 min 0.6 mi
AirportDriveWalkDistance
Logan International 23 min - 8.7 mi
Arthur Deych 617-869-4907 Red Tree Real Estate
Arthur Deych 617-869-4907 Red Tree Real Estate