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Mixed-Use Property with Office Suites
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1007-1009 Chestnut, Newton, MA 02464

Commercial condominium property offering flexible office and retail configurations for professional and service-oriented uses.

Property Size7,051 SF
Price / SF$1.42
Days on Market10

Property Features for 1007-1009 Chestnut

General Information

Standard status Active
Size 7,051 SF
Property subtype Commercial

Building Details

Building Size 7,051 SF
Year Built 1842
Listing Agency: CRG Commercial
Listed By: John Nachtwey
Source: Iverty
Added: Sep 14 Changed: Sep 21 Last Checked: Sep 22 at 4:41PM

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 CRG Commercial

Investment Insights

Based on property information with market context.

This mixed-use commercial property contains 7,051 square feet and was built in 1842. The building includes four office suites with approximately 3,771 ± SF of professional office and retail space, along with five commercial condominium units overall. Suites can be leased individually or combined for a larger business footprint, providing flexibility for office, retail, showroom, service-oriented, and other commercial uses.

Located at 1007-1009 Chestnut in Newton, Massachusetts, the property combines historic construction with updated office interiors. The configuration supports both individual-suite occupancy and full-property leasing, with immediate occupancy noted for the available space.

Key Highlights

  • 7,051‑square‑foot mixed‑use commercial property
  • Four office suites with approximately 3,771 ± SF of office and retail space
  • Five commercial condominium units provide flexible occupancy options

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Food Market Parking Lot & Garage Barber Shop Locksmith Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

1,571
Businesses Nearby

Demographics for 02464, MA

3,193
Population
1,503
Households
2.1
Avg Household Size
42
Median Age
72%
College-Educated
97%
High-School Grad
0.6 sq mi
ZIP Area
5,322
Density / Sq Mi
$125,846
Median Household Income
$65,693
Median Earnings
$2,407
Median Rent
$899,300
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 - Commercial condominium property offering flexible office and retail configurations for professional and service-oriented uses.
Where is this mixed-use property located?
The property is located at 1007-1009 Chestnut Newton, MA.
What are key features of this property?
This property features: 7,051‑square‑foot mixed‑use commercial property; Four office suites with approximately 3,771 ± SF of office and retail space; Five commercial condominium units provide flexible occupancy options
More about this property
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