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    1024 Chestnut St Newton, MA 02464

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    For Lease
    Contact for pricing

    Located in Newton, close to major routes and affluent neighborhoods.

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

    Property Features for 1024 Chestnut St

    General Information

    Size
    1,400 SF
    Lot size
    0.23 Acres

    Source: Centre Realty Group Agent Matt Javitch

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

    Overview

    Retail Space in Affluent Newton

    This 1,400-square-foot retail space is situated in Newton, one of Boston's wealthiest suburbs. The property is located just off an exit of Route 9, a heavily trafficked east-west highway in the Greater Boston area, and is close to the intersection of I-95 and Route 9. Chestnut Street itself experiences high traffic due to several restaurants, little league fields, and an office/retail park located directly across the street. It also serves as a connection from the affluent Waban and West Newton Hills sections of Newton to the retail area on Needham Street and the office parks behind it.
    Insight Report Location Intelligence

    Current Use by Public Records

    Shufro John Kitchen Remodeler

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2247199
    Latitude
    42.3142145

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    FAQs

    What type of property is this?
    Retail space - Located in Newton, close to major routes and affluent neighborhoods.
    Where is this retail space located?
    The property is located at 1024 Chestnut St Newton, MA.
    What are key features of this property?
    This property features: - Located in affluent section of Newton near Wellesley.; - Close proximity to Rt. 9, a major east-west highway.; - Convenient access to I-95.
    (617) 332-0077
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    Newton, MA 02464
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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
    1024 Chestnut St Newton, MA 02464
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