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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.

Space Size2,800 SF
Lot Size0.57 Acres
Days on Market1382

Property Features for 261-275 Centre St

General Information

Standard status Active
Size 2,800 SF
Lot size 0.57 Acres
Property subtype RETAIL

Spaces For Lease

at 261-275 Centre St
275 Centre St AVAILABLE, Now
Floor 1
Size 2,800 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located on the heavily traveled Centre Street (26,800 ADT) corridor in Newton, Massachusetts - Former Subway available adjacent to Bertucci's and directly across from Starbucks - In the densely populated City of Newton with average household income of over $188,000 within a mile and $138,000 within 3 miles - Ample amount of parking spaces (60+)
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Listing Agency: Atlantic Retail - Corporate
Listed By: Andrew Murmes
Source: Moodyscre
Added: Jan 18, 2023 Changed: Oct 25 Last Checked: Oct 30 at 5:06PM

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

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Newton, MA

$33.52 /SF/Yr
Avg Asking Price
$5.45–$49 /SF/Yr
Price Range
3,137 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

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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