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Mixed-Use Office and Retail Property
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1009 Chestnut Unit C, Newton, MA 02464

Four office suites can be occupied separately or combined, with retail space also included.

Property Size7,051 SF
Price / SF$0.45
Days on Market7

Property Features for 1009 Chestnut Unit C

General Information

Standard status Active
Size 7,051 SF
Property subtype Commercial

Additional Details

Office Units 4

Building Details

Year Built 1842
Listing Agency: CRG Commercial
Listed By: John Nachtwey
Source: Lockandkeyre
Added: Sep 29 Changed: Oct 4 Last Checked: Oct 4 at 10:15AM

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.

The property brings together office and retail space in a historic commercial building constructed in 1842. Four office suites are available for separate use or can be combined to form a larger configuration. The property comprises five commercial condominium units and offers 4,427± SF of office and retail space.

Key Highlights

  • 4,427± SF of professional office and retail space
  • Four office suites may be combined or used separately
  • Five commercial condominium units

Property Analytics

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Current Use

Alef Skin Care ... Medical Clinic AGS TAX CORP Accounting Firm

Suggested Use

Top Pick Grocery & Convenience Store Food Market Cosmetic Store Locksmith Tanning Salon (Bike/Boat/Book/etc) 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

4
Office units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Four office suites can be occupied separately or combined, with retail space also included.
Where is this mixed-use property located?
The property is located at 1009 Chestnut Unit C Newton, MA.
What are key features of this property?
This property features: 4,427± SF of professional office and retail space; Four office suites may be combined or used separately; Five commercial condominium units
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