508-505-0832
209 Harvard St, Brookline, MA for Sale
Medical - FOR SALE
1/31
null | Request Cap Rate

209 Harvard St
Brookline, MA 02446


HIGHLIGHTS

  • 209 Harvard Street offers a generational opportunity for an investor/developer to acquire a pride of ownership commercial property
  • Situated in the heart of Coolidge Corner, 209 Harvard Street is a minutes’ walk from public transit and innumerable amenities
  • 209 Harvard Street presents a rare opportunity to acquire a cash flowing property with significant redevelopment potential

OVERVIEW

Cushman & Wakefield is pleased to offer for sale 209 Harvard Street, an irreplaceable asset and transit-oriented development opportunity in the heart of Coolidge Corner, Brookline, Massachusetts. The prominent 32,223 square foot medical office building is a four story structure on top of a 2 level covered parking garage containing 63 spaces. Medical Office Building Renovations The Medical Office building renovations include several improvements to the Harvard Street Facade: 1) Café with outdoor seating on the ground floor 2) New more welcoming facade material replacing the precast concrete with a glass and panelized system that admits more daylight These features are particularly appropriate given the mission to provide a fit and healthy, community-centric place to live and a Medical Building that supports wellness needs of the area. The site plan shows the new café seating on site along Harvard Street and the entry path to the entry courtyard along the south side of the property. The former, along with the new facade materials and glass addition will activate the street. The latter provides a pleasant arrival sequence for the new residents. Preliminary grading and landscape materials, as well as critical dimensions, are indicated. Fully Approved 44-Unit Residential Building The approved plans allow one to build a new housing component on the rear portion of the lot. The housing portion of this proposal is to build four levels of units, over two levels of parking. The expectation is that these units will constitute a good addition to the range of housing options available in town, particularly for professionals looking for an active lifestyle and valuing both the amenities and the transit options available in Coolidge Corner.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

L10

APN/PARCEL ID

BROO-000156-000012

ASK ABOUT THIS PROPERTY

Jonathan BryantCushman & WakefieldMore Info
508-505-0832

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Jonathan BryantCushman & WakefieldMore Info
508-505-0832

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.