Commonwealth Ave Redevelopment

  • Title

    Development Site for Sale

  • City

    Brighton, MA

  • Price

    $4,725,000

  • Price/SF

    $250.00

  • Lot Size

    18,900 SF

Not found amenities.

Northeast Private Client Group is pleased to present Commonwealth Ave located on 1642 Commonwealth Ave in Brighton, MA.

The properties current use is as a four (4) level, 6,000 SF office building which is leased out to BIA (Boston International Academy), they hold a lease till April 30th 2022. Additional rent is for NNN expenses such as tax escalations above base year, etc. Building sits on a 18,900 SF lot on the corner of Commonwealth Ave & Mt Hood Rd. Zoned commercial office, medical office & school. There are 20+ parking spaces & three (3) handicap ramps. Redevelopment opportunity or owner occupier.

Brighton, a neighborhood in Boston, Massachusetts, is located in the northwestern corner of the city. The estimated population of Brighton is 43,887 with a land area of 2.78 square miles. The median home price is $495,000 compared to the national average of $217,00. The cost of living is 30% higher than the national average with 33% of the population graduating from a four-year college. Today the area is a middle-class urbanized area occupied largely by a mix of dense residential neighborhoods and small businesses.

All interested and qualified parties will have an opportunity to tour the property during scheduled appointments and obtain additional information upon request.

Brighton, Suffolk County, MA

Commonwealth Ave Offering Memo