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    Saw Mill Brook Pkwy Newton, MA 02459

    Sponsored
    For Sale
    $699,000

    1.97 Acres, 13 Parking Spots, Renovated Interior

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial condo presents a rare opportunity to acquire a prime property in the highly sought-after Newton, MA market. Situated on a generous 1.97-acre lot, this single-story unit boasts an enviable location with unparalleled visibility and accessibility. The first-floor corner unit features abundant natural light from its numerous windows, providing an inviting and productive workspace. The renovated interior offers a flexible floor plan, easily adaptable to a variety of business needs. Multiple spacious corner offices provide ample room for individual work or collaborative projects. The property includes two renovated bathrooms and a modern kitchen, enhancing both functionality and comfort. A significant advantage is the inclusion of thirteen dedicated off-street parking spaces, a rare commodity in this area, ensuring convenient parking for employees and clients. The property's excellent signage opportunities further enhance its appeal for businesses seeking high visibility. This presents a strong long-term investment opportunity, ideal for an owner-user seeking a strategic location for their retail or office business. Potential buyers are advised to conduct their own due diligence to confirm the suitability of the property for their intended use. The asking price is $699,000.

    Property Features for Saw Mill Brook Pkwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    85,813 SF

    Building Details

    Year Built
    1953
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.18211
    Latitude
    42.2939

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    FAQs

    What type of property is this?
    Commercial real estate - 1.97 Acres, 13 Parking Spots, Renovated Interior
    Where is this commercial real estate located?
    The property is located at Saw Mill Brook Pkwy Newton, MA.
    What is the asking price?
    The asking price for this property is $699,000.
    (617) 969-2447
    Request Owner's contact information
    Saw Mill Brook Pkwy Newton, MA 02459
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Saw Mill Brook Pkwy Newton, MA 02459
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