8 Franklin Street, Boston, MA 02134
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$1,850,000
Type: Commercial Condo
Triple Net Lease (NNN)
SQFT: N/A
N/A Restrooms
Parking: N/A

Property Description

6.5+ CAP INVESTMENT OPPORTUNITY! BRAND NEW RETAIL STOREFRONT CONDOMINIUM 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. THE PROPERTY IS JUST LEASED TO A SUCCESSFUL SNEAKER & SKATEBOARD RETAILER ON A LONG TERM LEASE WITH THE TENANT PAYING ALL NNN EXPENSES. The storefront condominium comprises the first floor and basement and benefits from two street exposures. The entry level has huge glass windows, tall ceilings and +/- 1,660 sq/ft of open showroom space. There is also a bathroom on this level. A wide stair leads to the basement level which has an additional +/- 1,475 sq/ft of open space. An excellent investment or 1031 exchange in a convenient location that is experiencing tremendous growth! Pro-Forma Available. Call for a private showing today.

Property Details tap to expand

Property Information

  • Type: Commercial Condo
  • Location: Legal Conforming
  • MLS ID#: 73361462

Financial

  • Net Operating Income: 120000
  • Lease Type: Triple Net Lease (NNN)

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/18/2025New$1,850,000MLSPIN

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Seller's Representative: The Residential Group, William Raveis R.E. & Home Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.25
Facilitator Compensation: 2.25
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-18 12:14:00

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