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Mixed-Use Building Across From Transit
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1-21 Lincoln Street and 1161-1169 Walnut Street, Newton, MA 02461

Built in 1905, the property combines retail, medical, and office uses across multiple addresses.

Property Size22,000 SF
Days on Market2

Property Features for 1-21 Lincoln Street and 1161-1169 Walnut Street

General Information

Standard status Active
Size 22,000 SF
Property subtype Retail - Street Retail

Additional Details

Public Transit Yes

Building Details

Building Size 22,000 SF
Year Built 1905
Year Renovated 2026
Buildings 1
Units 27
Tenancy Multi
Listing Agency: Marini Real Estate
Listed By: Joe Marini · License #9558782
Source: Commercialcafe
Added: Sep 1 Last Checked: Sep 2 at 1:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marini Real Estate

Investment Insights

Based on property information with market context.

The Stevens Building is a 22,000 SF mixed-use property built in 1905, incorporating retail, medical, and office space. The improvements extend across multiple addresses on Lincoln Street and Walnut Street, creating a varied commercial configuration within one property.

Located in the Newton Highlands village center, the property is directly opposite the MBTA Green Line (D) station. It sits at the beginning of the village’s active retail corridor, with access to Lincoln and Walnut Streets, pedestrian activity, daytime population, and nearby commuter routes.

Key Highlights

  • 22,000 SF mixed‑use property with retail, medical, and office space
  • Built in 1905
  • Multiple addresses on Lincoln Street and Walnut Street

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Home Appliance Store Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,602
Businesses Nearby

Demographics for 02461, MA

7,430
Population
2,785
Households
2.7
Avg Household Size
44
Median Age
88%
College-Educated
97%
High-School Grad
1.5 sq mi
ZIP Area
4,953
Density / Sq Mi
$207,292
Median Household Income
$101,850
Median Earnings
$3,026
Median Rent
$1,154,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Built in 1905, the property combines retail, medical, and office uses across multiple addresses.
Where is this mixed-use property located?
The property is located at 1-21 Lincoln Street and 1161-1169 Walnut Street Newton, MA.
What are key features of this property?
This property features: 22,000 SF mixed‑use property with retail, medical, and office space; Built in 1905; Multiple addresses on Lincoln Street and Walnut Street
More about this property
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