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75-81 Boylston St - package of 2 condos for sale
9,000 SF Office/Retail Condo Unit Offered at $4,250,000 in Brookline, MA 02445
Property Facts
| Price | $4,250,000 | Sale Type | Investment |
| Unit Size | 9,000 SF | Building Class | B |
| No. Units | 1 | Floors | 2 |
| Total Building Size | 22,500 SF | Typical Floor Size | 11,250 SF |
| Property Type | Retail (Condo) | Year Built | 1989 |
| Property Subtype | Freestanding | Lot Size | 0.26 AC |
| Price | $4,250,000 |
| Unit Size | 9,000 SF |
| No. Units | 1 |
| Total Building Size | 22,500 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Freestanding |
| Sale Type | Investment |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 11,250 SF |
| Year Built | 1989 |
| Lot Size | 0.26 AC |
1 Unit Available
Unit B & 1
| Unit Size | 9,000 SF | Sale Type | Investment |
| Price | $4,250,000 | Cap Rate | 3.75% |
| Price Per SF | $472.22 | NOI | $159,390 |
| Condo Use | Office/Retail | No. Parking Spaces | 2 |
| Unit Size | 9,000 SF |
| Price | $4,250,000 |
| Price Per SF | $472.22 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 3.75% |
| NOI | $159,390 |
| No. Parking Spaces | 2 |
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
Nearby Major Retailers
zoning
| Zoning Code | I1.0, Brookline |
| I1.0, Brookline |
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Arthur Deych -
Red Tree Real Estate
Presented by
75-81 Boylston St - package of 2 condos for sale
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