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4 Braintree St - Allston Hall 3,135 SF Retail Condo Unit Offered at $1,825,000 in Allston, MA 02134
INVESTMENT HIGHLIGHTS
- Newly LEASED
- EXCELLENT Investment or 1031 Exchange Opportunity
- TENANT PAYS NNN Expenses
EXECUTIVE SUMMARY
INVESTMENT OPPORTUNITY! NEWLY LEASED! Brand new retail storefront condominium located in the historic Allston Hall building. Located at the corner of Braintree Street and Franklin Street in Allston, the property is at the gateway to Allston Village, a vibrant commercial district full of shops, restaurants and residential developments. It is also just a few blocks from T station at Boston Landing. The property is leased to a retail tenant on a long term lease and with the tenant paying NNN expenses. This commercial condominium benefits from two exposures and features huge glass windows and tall ceilings. An ADA compliant entry opens to a rectangular shaped +/- 1,660 sq/ft open space, and there is an additional basement level with +/- 1,475 sq/ft of open space. Excellent investment or 1031 exchange in a convenient location that is experiencing tremendous growth. Call for a private showing today.
PROPERTY FACTS
| Total Building Size | 12,900 SF | Typical Floor Size | 2,150 SF |
| Property Type | Multifamily (Condo) | Year Built | 1899 |
| Property Subtype | Apartment | Lot Size | 0.07 AC |
| Building Class | C | Parking Ratio | 3.56/1,000 SF |
| Floors | 4 | ||
| Zoning | RC | ||
| Total Building Size | 12,900 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 2,150 SF |
| Year Built | 1899 |
| Lot Size | 0.07 AC |
| Parking Ratio | 3.56/1,000 SF |
| Zoning | RC |
1 UNIT AVAILABLE
Unit 101
| Unit Size | 3,135 SF | Sale Type | Investment |
| Price | $1,825,000 | Cap Rate | 6.58% |
| Price Per SF | $582.14 | NOI | $120,000 |
| Condo Use | Retail |
| Unit Size | 3,135 SF |
| Price | $1,825,000 |
| Price Per SF | $582.14 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.58% |
| NOI | $120,000 |
SALE NOTES
INVESTMENT OPPORTUNITY! NEWLY LEASED! Brand new retail storefront condominium located in the historic Allston Hall building.
Interior Photo
Interior Photo
Floor Plan
Interior Photo
Interior Photo
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | - |
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4 Braintree St - Allston Hall
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