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    261-275 Centre St Newton, MA 02458

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    For Lease
    Contact for pricing

    Retail space available on heavily traveled Centre Street corridor.

    Property size:
    2,800 SF
    Lot size:
    0.57 Acres

    Property Features for 261-275 Centre St

    General Information

    Size
    2,800 SF
    Lot size
    0.57 Acres

    Source: Atlantic Retail - Corporate Agent Andrew Murmes

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

    Overview

    Retail Space in Newton, MA

    This retail space is located on the heavily traveled Centre Street corridor in Newton, Massachusetts, which sees an average daily traffic of 26,800 vehicles. The property was formerly a Subway restaurant and is situated adjacent to a Bertucci's restaurant and directly across from a Starbucks. It is located in the densely populated City of Newton, which features an average household income of over $188,000 within a one-mile radius and $138,000 within a three-mile radius. The property offers an ample amount of parking spaces, with over 60 spaces available. The property size is 2,800 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1852497
    Latitude
    42.35867

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    FAQs

    What type of property is this?
    Retail space - Retail space available on heavily traveled Centre Street corridor.
    Where is this retail space located?
    The property is located at 261-275 Centre St Newton, MA.
    What are key features of this property?
    This property features: - High-traffic location on Centre Street (26,800 ADT); - Situated in a densely populated area of Newton; - High average household income in the surrounding area (over $188,000 within a mile)
    (617) 239-3600
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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
    261-275 Centre St Newton, MA 02458
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