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1609-1621 Beacon Street Brookline MA 02445

Off Market

$8,500,000

Units: 4

$2,125,000 Price / Unit

0 Total Rent

CAP Rate 4.24%

13,100 Total Living Area

13 Total Parkings

****Introducing the Athens Bakery Site ****Located at the heart of Brookline's Washington Square, this property graces the iconic intersection of Beacon Street and Washington Street. Serving as a pivotal gateway between renowned Coolidge Corner of Brookline and the Cleveland Circle neighborhood of Boston. Presently, the building houses 4 distinct businesses, all of which are long-standing and successful tenants along with a substantial amount of parking. With over 13k of interior living sq. ft.& almost 12,000 sq feet of lot space. THERE IS MAJOR DEVELOPEMENT POTENTIAL and upscale luxury finishes. The building grosses over 400k of income currently while you wait for approval.

Annual Expenses for 1609-1621 Beacon Street

Total Expense: $55,782

Real Estate Taxes: $115,198

Heating:

Electricity:

Water:

Gas:

Insurance:

Sewer:

Trash Removal:

Repair & Maintenance:

Management:

Miscellaneous:

APOD Available: Yes

Annual Income for 1609-1621 Beacon Street

Gross Income: $416,315

Net Operating Income: $360,533

Estimated CAP Rate: 4.24% NOI ($360,533) ÷ List Price ($8,500,000) = 4.24%

Unit details not available.

Building Features for 1609-1621 Beacon Street

Living Area: 13,100

Lot Size (Acres): 0.28

Lot Size (sqft): 11,988

Year Built: 1920

Listing ID: 73290524

Total Parking: 13

Garage Parking: 0

Parking Features:

Water: Public

Sewer: Public Sewer

Electric:

Location Information for 1609-1621 Beacon Street

Neighborhood: Washington Square

Elementary School: Michael Driscoll

Buffer Zone:

High School: Brookline High School

Historic District:

Voting Precinct: 10 Located at Driscoll School, New Gymnasium, Washington Street Entrance

Zoning Code: G-1.75(WS)

Zoning Description: GENERAL BUSINESS

Zoning Category: commercial

Zoning FAR: 1.75

Zoning Min Lot:

Disclosures for 1609-1621 Beacon Street

Real Estate Taxes: $115,198

Tax Year: 2024

Assessed Value: $999,999

Living Area Disclosure:

Title 5:

Lead Paint: Unknown

Rent Includes:

Exclusions:

Disclosures: Buyers do their diligence on development opportunity and information.

Listing Lifecycle for 1609-1621 Beacon Street

List Date: 2024-09-16

Off Market Date: 2024-12-19

Under Agreement Date:

Sold Date:

List Office: Red Tree Real Estate

Listing Agent: Arthur Deych

Original List Price: $8,500,000

Sold Price:

Last Updated on: 2025-12-21 12:53:32 from: mls-pin

Buyer Agent’s Office:

Buyer’s Agent: