This is a rare opportunity! Approved Variance and Plans to develop a Boutique building in the heart of Washington Square, Brookline. Approved for 5 Units + a Commercial Storefront. Total approved FAR of 8,628 sq. ft. . The Units range from a Studio to a 4 Bedroom. Plans approved for direct access elevator to each Unit, 2 car garage and 5 outdoor parking spots, penthouse with huge deck overlooking Beacon Street, other Units with back decks. Currently the building is fully rented through 5/21. Begin developing this Gem on 6/1/21. With the current new construction condo market in Brookline selling at $1200/sq. ft., the potential is for a $7 Mill+ gross sell-off not including the commercial space. This building is perfect for a developer, an investor who wants to add a premier property to their portfolio, or an end user who can also generate income.
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