Investment Opportunity

8 Franklin Street

Allston, MA - $1,950,000

ALLSTON IS HAPPENING!

Investment Opportunity. Newly renovated commercial condominium in a top Boston location, recently leased on a long term deal with a retail tenant.

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.

Allston
A vibrant and eclectic neighborhood with a diverse population.
Welcome to Allston! Allston is a vibrant and eclectic neighborhood with a diverse population, a lively music scene, and a unique blend of cultural influences. It is home to a large student population thanks to its proximity to Boston University and Boston College.
 
The epicenter of the neighborhood is Harvard and Brighton Avenues, which is home to many ethnic restaurants and popular bars. The neighborhood is serviced by both the Mass Pike and the Green Line B, which runs along Commonwealth Avenue between BU and BC.
 
Lower Allston, or LA as many locals call it, is the section of Allston that is North of the Mass Pike. This area is abutting Boston Landing to the South and the Harvard University expansion to the North. 
 
Boston Landing houses the New Balance headquarters as well as practice facilities for both the Boston Bruins and Boston Celtics.
 
Harvard University’s expansion encompasses nearly 2,000,000 square feet of new and renovated space including new buildings at Harvard Business School, a hotel and conference center as well as graduate student housing.
 
Allston is a popular choice for renters and investors, and many former commercial and underutilized residential buildings are making way for much-needed new multi-family and mixed-use developments including the highly anticipated Allston Square.
Welcome to Allston! Allston is a vibrant and eclectic neighborhood with a diverse population, a lively music scene, and a unique blend of cultural influences. It is home to a large student population thanks to its proximity to Boston University and Boston College.   The epicenter of the neighborhood is Harvard and Brighton Avenues, which is home to many ethnic restaurants and popular bars. The neighborhood is serviced by both the Mass Pike and the Green Line B, which runs along Commonwealth Avenue between BU and BC.   Lower Allston, or LA as many locals call it, is the section of Allston that is North of the Mass Pike. This area is abutting Boston Landing to the South and the Harvard University expansion to the North.    Boston Landing houses the New Balance headquarters as well as practice facilities for both the Boston Bruins and Boston Celtics.   Harvard University’s expansion encompasses nearly 2,000,000 square feet of new and renovated space including new buildings at Harvard Business School, a hotel and conference center as well as graduate student housing.   Allston is a popular choice for renters and investors, and many former commercial and underutilized residential buildings are making way for much-needed new multi-family and mixed-use developments including the highly anticipated Allston Square.
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Scott Johnson

EM

Scott Johnson

Managing Partner/REALTOR®

Managing Partner/REALTOR®

He is the person to talk to about investments and new developments in Boston.

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