23 Commonwealth Ave
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23 Commonwealth Ave
3,576 SF 100% Leased Office Building Chestnut Hill, MA 02467 $975,000 ($273/SF)
Investment Highlights
- Located on the MBTA Green Line
- Located Across from Boston College
Executive Summary
Price Reduced!
Kelleher & Sadowsky Associates is pleased to introduce you to 23 Commonwealth Avenue. Conveniently located in the heart of Chestnut Hill, this two-story office building has been occupied by Arrow Mutual Liability Insurance for 50+ years. This ideally located offering sits directly across the street from the main entrance to Boston College and on the MBTA Green Line in a mixed residential, retail, and professional office neighborhood. The finished space is approximately 2,000 square feet and includes a full basement. Located on Route 30, the site provides excellent access to major thoroughfares including Massachusetts Turnpike (Route 90) as well as Routes 9 & 20. The building resides in a Business 1 District(B1) which allows for a number of end uses including: residential, retail (including restaurant) and 2 story office (3 story with special permit).
Kelleher & Sadowsky Associates is pleased to introduce you to 23 Commonwealth Avenue. Conveniently located in the heart of Chestnut Hill, this two-story office building has been occupied by Arrow Mutual Liability Insurance for 50+ years. This ideally located offering sits directly across the street from the main entrance to Boston College and on the MBTA Green Line in a mixed residential, retail, and professional office neighborhood. The finished space is approximately 2,000 square feet and includes a full basement. Located on Route 30, the site provides excellent access to major thoroughfares including Massachusetts Turnpike (Route 90) as well as Routes 9 & 20. The building resides in a Business 1 District(B1) which allows for a number of end uses including: residential, retail (including restaurant) and 2 story office (3 story with special permit).
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
3,576 SF
Building Class
C
Year Built
1929
Price
$975,000
Price Per SF
$273
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,788 SF
Building FAR
2.22
Lot Size
0.04 AC
Zoning
BU1
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PROPERTY TAXES
| Parcel Number | NEWT-000063-000001-000006 | Improvements Assessment | $320,800 |
| Land Assessment | $277,500 | Total Assessment | $598,300 |
PROPERTY TAXES
Parcel Number
NEWT-000063-000001-000006
Land Assessment
$277,500
Improvements Assessment
$320,800
Total Assessment
$598,300
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23 Commonwealth Ave
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