Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    195-197 Newton St Waltham, MA 02453

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial space with modern amenities and strategic location in Waltham.

    Property size:
    2,730 SF
    Lot size:
    0.13 Acres

    Property Features for 195-197 Newton St

    General Information

    Size
    2,730 SF
    Lot size
    0.13 Acres

    We can help!

    Listing Contact
    Matt Javitch
    Source: Moodyscre

    Listing Agency: Centre Realty Group Listing Agent: Matt Javitch

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

    Learn more

    Property Insight Report

    Overview

    Adaptable Office Space in Waltham

    CRG Commercial has been exclusively retained to lease the office space at 195 Newton Street, Waltham, MA. This property offers adaptable space suitable for various commercial endeavors, complete with contemporary conveniences and a strategic location. The property features ample parking and provides easy access to major thoroughfares, catering to diverse business requirements. The flexible layout enables personalized customization, while the prominent visibility and professional ambiance establish an ideal backdrop. The available space measures 2730 square feet. This finely appointed space seamlessly blends convenience and practicality, offering heightened productivity and expansion opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Waltham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2299936
    Latitude
    42.3705821

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Waltham center

      Discover many ways to work your way in Waltham center
      303 Wyman St, Waltham, MA 02451
      View Details
    • Contact for pricing

      Modern Office Space Available

      Furnished office space with amenities, convenient location, and discounted rate.
      1601 Trapelo Rd, Waltham, MA 02451
      View Details
    • Contact for pricing

      Route 128 Multi-Tenant Office Building

      Office building on Route 128 with premium amenities.
      1601 Trapelo Rd, Waltham, MA 02451
      View Details
    • $23 SF/Yr
      600 SF

      Renovated Office Space in Waltham

      Renovated 600 sqft office space in a warehouse building.
      100 Felton St, Waltham, MA 02453
      View Details
    • Contact for pricing
      5,317 SF

      Waltham Office Suite For Rent

      5,317 SF office suite in accessible Route 128 location.
      400 5Th Ave, Waltham, MA 02451
      View Details
    • Contact for pricing
      37,255 SF

      Waltham Office and Lab Space

      500,000 SF development with flexible layouts and amenities.
      225 Wyman St, Waltham, MA 02451
      View Details
    • $30 SF/Yr

      Restaurant Space with Shared Parking

      Restaurant space with full bar and shared parking lot.
      888 Main St, Waltham, MA 02453
      View Details
    • $2,500 /Mo
      1,300 SF

      Renovated Basement Office Space

      Renovated basement office space, currently used as jiu jitsu studio.
      520 Main St, Waltham, MA 02452
      View Details
    • Contact for pricing
      1,269 SF

      Retail Space in Waltham, MA

      Upscale retail space with high visibility and on-site parking.
      45 Moody St, Waltham, MA 02451
      View Details
    • Contact for pricing
      24,057 SF

      Waltham Life Science Conversion Project

      Class A life science space for rent in Waltham, MA.
      21 Hickory Dr, Waltham, MA 02451
      View Details
    • $1,000 /Mo
      400 SF

      Waltham Office Space For Rent

      Two-room office space available on the second floor.
      520 Main St, Waltham, MA 02452
      View Details

    FAQs

    What type of property is this?
    Office units - Commercial space with modern amenities and strategic location in Waltham.
    Where is this office units located?
    The property is located at 195-197 Newton St Waltham, MA.
    What are key features of this property?
    This property features: - Strategic location with easy access to major thoroughfares.; - Ample parking available.; - Adaptable space suitable for diverse business requirements.
    (617) 332-0077 Call to check price and availability
    Request Owner's contact information
    195-197 Newton St Waltham, MA 02453
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    195-197 Newton St
    Waltham, MA 02453
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    195-197 Newton St Waltham, MA 02453
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Matt Javitch
    (617) 332-0077 (617) 564-0551
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!