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Newton Development Opportunity Near Boston
For Sale
$1,999,000
Pending

189-191 Adams St, Newton, MA 02458

13,543 SF development opportunity in Newton, Massachusetts.

Property Size12,146 SF
Lot Size0.31 Acres
Days on Market2497

Property Features for 189-191 Adams St

General Information

Standard status Pending
Size 12,146 SF
Lot size 0.31 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1900
Listing Agency: RTN Realty Advisors LLC.
Listed By: Gentile Visco Group
Source: Exitrealty
Added: Oct 1, 2019 Changed: Jul 10 Last Checked: Aug 1 at 8:47AM

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 RTN Realty Advisors LLC.

Investment Insights

Based on property information with market context.

This is a 13,543 square foot development opportunity with BU2 zoning in Newton, Massachusetts. It is located less than 7 miles from downtown Boston and less than 2 miles from the Massachusetts Turnpike, providing access to employment markets in Boston and throughout Route 128. The site is near public transit options, including the MBTA commuter rail, green line, and bus, as well as retail amenities and attractions. Given Newton's demographics and access to Boston, this property presents an opportunity for housing as a new mixed project or renovation and holding as an investment in Massachusetts.

Key Highlights

  • Rare 13,543 sq ft development opportunity (BU2 zoning) in Newton, MA.
  • Convenient location: less than 7 miles from downtown Boston.
  • Easy access to major employment markets via Mass Pike (less than 2 miles away) and Route 128.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Clothing & Fashion Store Food Market Bar & Pub Grocery & Convenience Store Cosmetic Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,831
Businesses Nearby

Demographics for 02458, MA

12,817
Population
5,238
Households
2.4
Avg Household Size
40
Median Age
76%
College-Educated
97%
High-School Grad
2.0 sq mi
ZIP Area
6,409
Density / Sq Mi
$151,782
Median Household Income
$72,008
Median Earnings
$2,313
Median Rent
$1,116,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 13,543 SF development opportunity in Newton, Massachusetts.
Where is this commercial land located?
The property is located at 189-191 Adams St Newton, MA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Rare 13,543 sq ft development opportunity (BU2 zoning) in Newton, MA.; Convenient location: less than 7 miles from downtown Boston.; Easy access to major employment markets via Mass Pike (less than 2 miles away) and Route 128.
More about this property
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