SQUARE FEET14,485
MLS#73484403
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
We are proud to present the opportunity at 823-833 Washington Street in Newton, MA. Situated at the corner of Washington Street and Walnut Street in Newtonville, the property consists of ?14,485 SF and is situated on 10,735 SF of land, zoned BU1/VC3. The property is currently 100% occupied with a healthy mix of high-quality tenants and has experienced minimum vacancy over the term of generational ownership. The property is extremely well located, well maintained, and sits directly across the street from the Newtonville MBTA station and the TRIO apartment community. In 2023, the city of Newton passed the Village Center Overlay District to encourage density in commercial districts. The property sits in VC3 zoning which allows development up to 4.5 stories. Given the transit oriented location, the property greatly benefits from the zoning improvements. Newton, MA is considered one of the most sought after Boston suburbs, so developers are able capitalize on the development potential.
Property Features
Property Type: Commercial - Business
Lot Size: 0.25 Acres
Taxes: $99
Year Built: 1920
Feature Descriptions
Building Area Total: 14485
Business Type: Commercial
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 96
Parcel Number: 686093
Rental Term: Monthly
Listed By / Shown By
Listed By
Agency Name: Boston Realty Advisors
Agent Name: Kevin Benzinger
Agency Phone: 617-375-7900
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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823-833 Washington Street | MLS# 73484403
This commercial property located at 823-833 Washington Street, Newton, MA 02460 is currently listed for sale with an asking price of $6,250,000. Search Newton real estate on www.masiellogrouprealestate.com today.