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    Hale St Newton, MA 02464

    For Sale
    $375,000

    Prime Newton Location, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property, located on Hale Street in Newton, MA, presents a rare investment opportunity. Situated in a Business 1 zone, this versatile space boasts over 1,400 square feet and offers unparalleled visibility with street-level entrances on both Elliot and Hale Streets. Recently updated with fresh paint, new flooring, and updated half-bathroom fixtures, the property features an open layout bathed in natural light, highlighted by charming exposed beams and antique frame joists. The flexible space is ideal for a wide range of businesses, including but not limited to: physical therapy, retail, salons, spas, or professional offices such as engineering, architectural, or accounting firms. The 0.17-acre lot provides ample space for potential expansion or outdoor use. Its strategic location provides easy access to major roadways, including Route 9 (east and west) and Route 95 (north and south), ensuring convenient access for both employees and customers. Priced at $375,000, this property represents an exceptional value in a highly desirable location. The Business 1 zoning allows for a multitude of uses, making this an attractive investment for entrepreneurs seeking a high-visibility location with significant potential.

    Property Features for Hale St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1895
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.22327
    Latitude
    42.31184

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Newton Location, High Visibility
    Where is this commercial real estate located?
    The property is located at Hale St Newton, MA.
    What is the asking price?
    The asking price for this property is $375,000.
    (617) 527-7002
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    Hale St Newton, MA 02464
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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
    Hale St Newton, MA 02464
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