704 Washington StBrookline, MA 02446

Property Details for 704 Washington St

Year built

1910

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.11 AC

Property size (Sq ft)

4,125 SF

Zone code

G175

Property type

Retail properties

Property subtype

Retail space

APN

BROO B:216 L:0016 S:0000

APU

BROOB216L0016S0000

Description

This exceptional retail opportunity is situated in the vibrant Washington Square neighborhood of Brookline, MA, at the highly visible intersection of Washington Street and Beacon Street. The property offers flexible space ideal for a variety of retail or restaurant uses, with available units ranging from 800 to 2,500 square feet. This location boasts unparalleled accessibility, being steps away from the MBTA Green Line C-train station, ensuring convenient access for customers and employees. The surrounding area is characterized by a thriving mix of upscale residential properties and established restaurants, creating a dense and affluent customer base. The building itself is a two-tenant structure, featuring a long-standing, well-regarded local establishment, Washington Square Tavern, which has been a Brookline fixture for over two decades. This provides a strong sense of community and established foot traffic. While the building does not offer on-site parking, the prime location and proximity to public transportation mitigate this. The total building encompasses 4152 square feet, divided into multiple suites, offering a variety of options to suit diverse business needs. This is a rare chance to secure a prominent retail space in a highly desirable and well-connected Brookline location. The minimum divisible space is 800 square feet, with a maximum contiguous space of 2,500 square feet. Inquire today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,002,519

  6.5%

  $925,402

  7%

  $859,302

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,358,211

  Geo Method

  $1,358,211

• Alternative Use

  Use

  Valuation

  Residential

  $780,611

  Hospitality

  $715,036

  Educational

  $594,901

  Medical

  $615,361

  Retail

  $925,402

Location Insight

City

Brookline

County

Norfolk

State

Massachusetts

Latitude

42.339

Longitude

-71.1351

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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