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1002 Beacon St

9,336 SF 100% Leased Retail Building Brookline, MA 02446 $9,352,560 CAD ($1,002 CAD/SF) 4.09% Cap Rate

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
$9,352,560 CAD
Price Per SF
$1,002 CAD
Cap Rate
4.09%
NOI
$382,541 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Land Acres
0.11 AC
Zoning
L10 - low-density residential development
Frontage
44 ft on Beacon St

Amenities

  • Bus Line
  • Corner Lot
  • Metro/Subway
  • Restaurant
  • Security System
  • Air Conditioning
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (84)
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

Gyu-Kaku Japanese BBQ
Star Market
Starbucks
Bank of America
Citizens Bank
Caffè Nero
Chase
Amazon Go
Bartaco
[solidcore]

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
BROO-000001-000001
Land Assessment
$1,684,006 CAD
Improvements Assessment
$4,605,732 CAD
Total Assessment
$6,289,737 CAD
  • Listing ID: 25637548

  • Date on Market: 2022-05-05

  • Last Updated:

  • Address: 1002 Beacon St, Brookline, MA 02446

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