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Investment Opportunity! State of the art Medical office condo with five window lined dental operatories, a private consultation room, beautiful waiting room, two private bathrooms, employee lounge, two storage units and two deeded garage parking spaces. 1842 Beacon Street is a medical building located in the heart of Brookline between Cleveland Circle and Washington Square. This prime location offers an abundance of on street parking and is located directly across the street from the Green C line train making it easily accessible to clients throughout greater Boston. In 2019, The Smile Institute signed on for a ten year lease with two five year options that include an annual 2.5% increase throughout the base and option terms. Priced at a 5% Cap rate that increases that increases to 7.8%. Sale does not include the dental practice, equipment, or furniture.

More Info

Basic Information

  • Gross Income $98,092
  • Mls StatusActive
  • Parcel Number B:110 L:0001 S:0018,4941026
  • Unit Number401

Property

  • Acreage0.34

Property Information

  • Lot Size Square Feet 14,810
  • Lot Size Units Acres

Tax Information

  • Tax Year 2022
  • Taxes$18,507

Location

  • Building Number1842
  • CountyNorfolk
  • StateMA
  • StreetBeacon Street
  • TownBrookline
  • Zip02445

Basic Information

  • List Price$1,700,000
  • MLS Number72974726
  • Modification Date05/06/2022

Building

  • Building Area Units Square Feet
  • Year Built1972

Amenities

  • Other AmenitiesFireplace

Other

  • Date Listed05/02/2022
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Scott McNeill of Compass

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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