Stabilized Street-Level Retail
For Sale
$3,200,000
1298-1308 Washington Street, Newton, MA 02465
Approximately 5,000 SF of street-level retail at the entrance to West Newton Cinema, with two long-term leased spaces.
Property SizeContact for details
Days on Market143
Property Features for 1298-1308 Washington Street
General Information
Standard status
Active
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$99
Building Details
Year Built
1910
Listing Agency:
Boston Realty Advisors
(617) 375-7900
Listed By:
Kevin Benzinger · License #9526383
Source:
Downtownbostonrealty
Added: Apr 10
Changed: Aug 21
Last Checked: Aug 29 at 3:11PM
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 Boston Realty Advisors
Investment Insights
Based on property information with market context.
Boston Realty Advisors presents a fully stabilized street-level retail asset in Newton, Massachusetts, located at the entry to the West Newton Cinema. The property totals approximately +/-5,000 SF and features two separate spaces leased to long-term tenants.
The asset is currently undergoing renovation and benefits from its established, cinema-entry street presence. It also sits within the path of progress in Newton, with over 350 residential units being constructed in the immediate area, supporting a strong base of local demand.
The asset is currently undergoing renovation and benefits from its established, cinema-entry street presence. It also sits within the path of progress in Newton, with over 350 residential units being constructed in the immediate area, supporting a strong base of local demand.
Key Highlights
- Approximately 5,000 SF of street‑level retail space at the entrance to the West Newton Cinema
- Retail asset includes two spaces leased to long‑term tenants
- Stabilized income profile with long‑term tenant occupancy
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 66%
Shops & Services 19%
Dining 14%
Beauty & Spa 1%
Trader Joe's
Groceries
41,205 visits/mo
0.4 miles
Dunkin' Donuts
Dining
8,683 visits/mo
0.1 miles
Shell
Shops & Services
8,122 visits/mo
0.1 miles
Santander Bank
Shops & Services
2,252 visits/mo
0.0 miles
Sullivan Tire
Shops & Services
1,059 visits/mo
0.3 miles
Demographics for 02465, MA
12,415
Population
4,452
Households
2.8
Avg Household Size
42
Median Age
78%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
5,643
Density / Sq Mi
$174,518
Median Household Income
$93,021
Median Earnings
$2,251
Median Rent
$1,098,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Approximately 5,000 SF of street-level retail at the entrance to West Newton Cinema, with two long-term leased spaces.
Where is this storefront property located?
The property is located at 1298-1308 Washington Street Newton, MA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Approximately 5,000 SF of street‑level retail space at the entrance to the West Newton Cinema; Retail asset includes two spaces leased to long‑term tenants; Stabilized income profile with long‑term tenant occupancy
