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    1239-1243 Centre St Newton, MA 02459

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    For Lease
    Contact for pricing

    Retail space with front/back entrances, loading dock, ample parking.

    Property size:
    3,000 SF
    Lot size:
    0.21 Acres

    Property Features for 1239-1243 Centre St

    General Information

    Size
    3,000 SF
    Lot size
    0.21 Acres

    Source: Linear Retail Agent Matt Sieckhaus

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

    Overview

    Prime Newton Centre Retail Space

    This retail space, located at 1241 Centre Street in Newton Centre, offers 3,000 square feet of storage. Situated on the west side of the Newton Centre triangle, the property is next to the Centre Street and Beacon Street intersection. It features both front and back entrances, along with a loading dock in the rear. Ample parking is available, including 8 dedicated off-street spaces, supplemented by nearby municipal lots providing over 315 spaces. Area retailers include Starbucks, Coldwell Banker, CVS, Eastern Bank, Mr. Sid, and Alan Bilzerian.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1949458
    Latitude
    42.3307724

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    FAQs

    What type of property is this?
    Retail space - Retail space with front/back entrances, loading dock, ample parking.
    Where is this retail space located?
    The property is located at 1239-1243 Centre St Newton, MA.
    What are key features of this property?
    This property features: - Prime location: West side of Newton Centre triangle, next to Centre Street/Beacon Street intersection.; - Located in Newton Centre at 1241 Centre Street.; - Ample parking: 8 dedicated off-street spaces plus 315+ municipal spaces nearby.
    (781) 273-5665
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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
    1239-1243 Centre St Newton, MA 02459
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