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Former Bank Branch with Drive-Thru
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1156 Walnut Street, Newton, MA 02461

Freestanding bank branch in Newton Highlands with drive-thru.

Space SizeContact for details
Days on Market159

Property Features for 1156 Walnut Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Boston
Listed By: Rob Robledo · License #RES.0777085
Source: Cbre
Added: Mar 16 Changed: Jul 6 Last Checked: Aug 20 at 12:20PM

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 CBRE - Boston

Investment Insights

Based on property information with market context.

This is a freestanding former Brookline Bank branch with a drive-thru, situated in a prominent location within the Newton Highlands neighborhood. The property is easily accessible from Route 9, which has a traffic volume of 56,450 cars per day and connects to downtown Boston. It is located adjacent to the Newton Highlands MBTA Station on the Green Line. The surrounding area has strong demographic drivers, including an average household income of $272,952 and a daytime population of more than 63,000 within two miles. The property size is 2447 square feet.

Key Highlights

  • Prominent location in Newton Highlands adjacent to the Newton Highlands MBTA Green Line station.
  • High average household income and daytime population within two miles.
  • Easily accessible from Route 9 connecting to downtown Boston.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Food Market Grocery & Convenience Store Carpet & Flooring Store Auto Parts Store Locksmith (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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

980
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Dining 31% Home Improvements & Furnishings 3%
Sunoco Shops & Services
10,951 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,225 visits/mo 0.3 miles
BP Shops & Services
6,665 visits/mo 0.3 miles
Sunoco Shops & Services
4,918 visits/mo 0.3 miles
7-Eleven Shops & Services
4,592 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Freestanding bank branch in Newton Highlands with drive-thru.
Where is this bank located?
The property is located at 1156 Walnut Street Newton, MA.
What are key features of this property?
This property features: Prominent location in Newton Highlands adjacent to the Newton Highlands MBTA Green Line station.; High average household income and daytime population within two miles.; Easily accessible from Route 9 connecting to downtown Boston.
More about this property
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