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Newton Office/Flex/RD Space Available
For Lease
$32 SF/Yr

150 California Street, Newton, MA 02458

Office, flex, and R&D space available for lease.

Space SizeContact for details
Days on Market894

Property Features for 150 California Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1.00

Building Details

Year Built 1910
Listing Agency: 128 CRE
Listed By: Jeremy Freid · License #9089542-RE-B
Source: Corcoran
Added: Feb 29, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:47AM

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 128 CRE

Investment Insights

Based on property information with market context.

Available for lease is a property offering a range of spaces suitable for office, flex, and research and development purposes. The available spaces range from 5,179 square feet, 5,239 square feet, and 9,000 square feet up to 20,000 square feet. The property is located in Newton, Massachusetts.

Key Highlights

  • Flexible space ideal for office, flex, or R&D use.
  • Available space ranges from 5,179 to 20,000 SF.
  • Building size of 5,239 SF.

Property Analytics

Current Use

Aptara, Inc. Training Center Lash and Wax Bar Spa & Massage Center MY SALON Suite Hair Salon Transform Alliance for Health Medical Clinic HK Hair Studio Hair Salon

Suggested Use

Top Pick Restaurant Pharmacy Grocery & Convenience Store Building Supply Hotel & Motel Bar & Pub

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,626
Businesses Nearby

Demographics for 02458, MA

12,817
Population
5,238
Households
2.4
Avg Household Size
40
Median Age
76%
College-Educated
97%
High-School Grad
2.0 sq mi
ZIP Area
6,409
Density / Sq Mi
$151,782
Median Household Income
$72,008
Median Earnings
$2,313
Median Rent
$1,116,600
Median Home Value

Market

Lease Benchmarks for Newton, MA

$30.56 /SF/Yr
Avg Asking Price
$4.54–$80 /SF/Yr
Price Range
7,541 SF
Avg Space Size

This space is priced 5% above the average of $30.56 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office, flex, and R&D space available for lease.
Where is this office units located?
The property is located at 150 California Street Newton, MA.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Flexible space ideal for office, flex, or R&D use.; Available space ranges from 5,179 to 20,000 SF.; Building size of 5,239 SF.
More about this property
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