4-8 Franklin St - Restaurant CONDO FOR SALE


Allston, MA 02134
$1,895,000 USD
617-290-7428
4-8 Franklin St, Allston, MA for Sale
$1,895,000 USD
Restaurant CONDO - FOR SALE
1/15
null | 6.33% Cap Rate

4-8 Franklin St
Allston, MA 02134


HIGHLIGHTS

  • Newly Leased
  • Long Term Retail Tenant
  • Investment or 1031 Exchange Opportunity

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$604 USD /SF

CAP RATE

6.33%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

11,968 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1899

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,266 SF

ZONING

-

APN/PARCEL ID

ALLS-000000-000022-001855

ASK ABOUT THIS PROPERTY

Scott JohnsonWilliam Raveis Real Estate, The Residential GroupMore Info
617-290-7428

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Scott JohnsonWilliam Raveis Real Estate, The Residential GroupMore Info
617-290-7428

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