Renovated Office Space in
For Lease
$24 SF/Yr
288 Walnut St #1st, Newton, MA 02460
Renovated office space near commuter rail, Newtonville.
Space SizeContact for details
Days on Market539
Property Features for 288 Walnut St #1st
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$86,676
Building Details
Year Built
1970
Listing Agency:
Red Tree Real Estate
Listed By:
Adam Kotkin
Source:
Corcoran
Added: Mar 15, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 Red Tree Real Estate
Investment Insights
Based on property information with market context.
Available for rent is a brand new first-floor office suite, offering between 700 and 2,000 square feet. The space is located in a renovated building in the heart of Newtonville, featuring notable architecture and stained glass windows. The building includes an elevator and updated hallways and staircases. The location provides convenient access to the commuter rail, reachable within a minute's walk. This space is suitable for various business uses and may appeal to those seeking to downsize from higher-rent locations.
Key Highlights
- Prime Location: Heart of Newtonville, walk to Commuter Rail in one minute.
- Significant Cost Savings: Opportunity to potentially halve rent compared to city locations.
- Flexible Space: 700‑2,000 sq ft available, with potential for additional small offices.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,238
Businesses Nearby
Explore this area
Business Placement
Demographics for 02460, MA
9,204
Population
4,171
Households
2.2
Avg Household Size
43
Median Age
78%
College-Educated
98%
High-School Grad
1.3 sq mi
ZIP Area
7,080
Density / Sq Mi
$154,329
Median Household Income
$82,458
Median Earnings
$2,606
Median Rent
$1,124,300
Median Home Value
Market
Lease Benchmarks for Newton, MA
$32.81 /SF/Yr
Avg Asking Price
$4.54–$85 /SF/Yr
Price Range
5,781 SF
Avg Space Size
This space is priced 27% below the average of $32.81 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Renovated office space near commuter rail, Newtonville.
Where is this office units located?
The property is located at 288 Walnut St #1st Newton, MA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime Location: Heart of Newtonville, walk to Commuter Rail in one minute.; Significant Cost Savings: Opportunity to potentially halve rent compared to city locations.; Flexible Space: 700‑2,000 sq ft available, with potential for additional small offices.
