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    183 Grove St Chestnut Hill, MA 02466

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    For Lease
    Contact for pricing

    Versatile 1,400 SF space suitable for retail or medical use.

    Property size:
    1,400 SF
    Lot size:
    1.42 Acres

    Property Features for 183 Grove St

    General Information

    Size
    1,400 SF
    Lot size
    1.42 Acres

    Source: Boston Realty Advisors Agent Whitney Gallivan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Medical Space in Chestnut Hill

    This 1,400 square foot property is suitable for a medical spa, boutique small group fitness center, or other retail uses. It is situated at a key traffic circle in Chestnut Hill, Massachusetts. The surrounding area has a median household income of $162,000 and a median home value of $1.5 million. The area's workforce is predominantly white collar, with 75% of residents holding a bachelor's degree or higher.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chestnut Hill
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.250914
    Latitude
    42.340249

    Nearby Similar for Lease

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      Brookline Office Building For Rent

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    FAQs

    What type of property is this?
    Retail space - Versatile 1,400 SF space suitable for retail or medical use.
    Where is this retail space located?
    The property is located at 183 Grove St Chestnut Hill, MA.
    What are key features of this property?
    This property features: - High median household income of $162,000; - High median home value of $1.5 Million; - Location at a key traffic circle
    (617) 375-7900
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    183 Grove St Chestnut Hill, MA 02466
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    Chestnut Hill, MA 02466
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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
    183 Grove St Chestnut Hill, MA 02466
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