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Retail Space in Newton, MA
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261-275 Centre St, Newton, MA

Retail space available on heavily traveled Centre Street corridor.

Property Size2,800 SF
Lot Size0.57 Acres
Days on Market1291

Property Features for 261-275 Centre St

General Information

Standard status Active
Size 2,800 SF
Lot size 0.57 Acres
Property subtype RETAIL
Listing Agency: Atlantic Retail - Corporate
Listed By: Scott Black
Source: Moodyscre
Added: Jan 18, 2023 Changed: Jul 10 Last Checked: Jul 21 at 6:47AM

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 Atlantic Retail - Corporate

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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)

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Pet Grooming Service Bar & Pub Clothing & Fashion Store Tech Support Center Grocery & Convenience 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

1,804
Businesses Nearby
50k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Dining 39% Hotels & Casinos 15% Beauty & Spa 3%
Bertucci's Dining
10,950 visits/mo 0.0 miles
Speedway Shops & Services
9,142 visits/mo 0.5 miles
Starbucks Dining
8,578 visits/mo 0.1 miles
Four Points by Sheraton Boston Newton Hotels & Casinos
7,477 visits/mo 0.2 miles
Chase Bank Shops & Services
5,798 visits/mo 0.5 miles

Market

Lease Benchmarks for Newton, MA

$35.12 /SF/Yr
Avg Asking Price
$24.33–$49 /SF/Yr
Price Range
1,689 SF
Avg Space Size

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?
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) 369-5909 Call to check price and availability
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