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1002 Beacon St 9,336 SF 100% Leased Retail Building Brookline, MA 02446 $9,282,868 CAD ($994.31 CAD/SF) 4.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime Investment opportunity on Corner Lot!

EXECUTIVE SUMMARY

Mixed-use building (a restaurant and an apartment) in bustling Brookline. The coveted retail segment is under lease with a very successful national multi-locations operator. Restaurant recent $2 million-plus buildout. All equipment and installed furniture as well as 1am Brookline full liquor license stays with property at end of lease. Some of equipment including walk-in fridge and freezer, elevator to basement for deliveries, and fully built out patio area (another 600 sf. not included in calculations). Restaurant signed a 5 year NNN lease in October of 2022. Spacious 3BR/1.5BA condo has an entertainment-size living/dining room bathed in natural light from the sliding glass doors leading to a fabulous, private walk-out roof patio over 1000 sf. Italian-designed kitchen with custom built-in cabinets, wide countertops with breakfast bar and highend appliances. The king-sized master bedroom includes double closets and en suite half bath. In-unit laundry. Steps to MBTA Greenline (B,C,D) Stops, BU, Coolidge Corner, Fenway/Kenmore, Longwood Medical & More!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,336 SF
Building Class
C
Year Built
1940
Price
$9,282,868 CAD
Price Per SF
$994.31 CAD
Cap Rate
4.90%
NOI
$454,861 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.95
Lot Size
0.11 AC
Zoning
L10 - low-density residential development
Frontage
44’ on Beacon St

AMENITIES

  • Bus Line
  • Corner Lot
  • Metro/Subway
  • Restaurant
  • Security System
  • Air Conditioning
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (85)
Bike Score®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

H Mart
Gyu-Kaku Japanese BBQ
Bank of America
Citizens
Starbucks
Caffè Nero
Clover Food Lab
Anna's Taqueria
Chase
TD Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
BROO-000001-000001
Land Assessment
$1,688,274 CAD
Improvements Assessment
$4,799,264 CAD
Total Assessment
$6,487,537 CAD
  • Listing ID: 25637548

  • Date on Market: 2022-05-05

  • Last Updated:

  • Address: 1002 Beacon St, Brookline, MA 02446

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