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Compass

126 Newbury Street, 2nd Floor, 

Boston, MA 02116

Driggin Stivaletta Real Estate

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1002 Beacon St

$5,500,000 | 1002 Beacon Street, Brookline, MA 02446
MLS #72040373

2 Units. one Apartment and a restaurant in bustling Brookline! Location Location Location. The coveted retail segment is under lease for next 6 years with 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 equip inc walk-in Frig and Freezer, Elevator to basement for deliveries, fully built out patio area another 600 sf. not included in calculations. Upstairs is a 3 bedroom apartment . Renovated in 03 features 3 bds and 1.5 bths approximately 1525 sf. Unit also has an enormous walk out roof patio over 1000 sf. market rent at appx $4500 a month. The dining room could be framed in for an additional bedroom and even higher rent for a 4 bedroom. After you subtract out the value of full Brookline liquor license property is a bargain! Lease goes full market in 5 years cap will be 6% plus.

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sold

Status

3

Bedrooms

4

Bathrooms

1

Half-Bathroom

8,325 SF

Living Area

0.1 Acres

Lot Size

1939

Year Built

Interior & Exterior

Property Type:
Co-op

Financial

Real Estate Taxes:
$31,958 / year
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