Free-Standing Office Building with
132 Charles Street AUB Newton, MA 02466
132 Charles Street AUB, Newton, MA, 02466
$4,950,000
For Sale
$4,950,000
Manufacturing-zoned free-standing office building with extensive on-site parking and recent MEP and life-safety upgrades.
Property Size19,500 SF
Lot Size0.64 Acres
Price / SF$253.85
Days on Market249
Property Features for 132 Charles Street AUB
General Information
- Standard status
- Active
- Size
- 19,500 SF
- Lot size
- 0.64 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1927
Listing agency
CRG Commercial
Listed by
Thomas Slayton
(617) 696-6100
Source
Kelleyrege
Added: Nov 14, 2025 Updated: Jul 21 at 5:38AM Checked: Jul 21 at 5:38AM
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 CRG Commercial
Investment Insights
Based on property information with market context.
This free-standing office building is manufacturing-zoned and offered with substantial on-site parking. The property is approximately 20,000 SF on a lot size of 28,000+ SF, and several updates have been completed, including an industry-scale air exchange system, a bio hood with venting, new A/C units, new boilers, and an updated electrical panel rated for 1000 VAC. Life-safety improvements include a fire alarm system, and the building includes a handicap wheelchair access ramp.
The building is currently owned by a bio/lab company and is located less than a mile from RT 128 and the Mass Pike, supporting convenient access to major transportation routes.
The surrounding site configuration allows for the possibility to combine with an adjacent available three-family property that is also zoned for manufacturing, which would add another 8,960 SF of land.
The building is currently owned by a bio/lab company and is located less than a mile from RT 128 and the Mass Pike, supporting convenient access to major transportation routes.
The surrounding site configuration allows for the possibility to combine with an adjacent available three-family property that is also zoned for manufacturing, which would add another 8,960 SF of land.
Key Highlights
- Free‑standing manufacturing‑zoned office building in Auburndale with on‑site parking and easy access to major routes.
- Approx. 20,000 SF building on a lot of 28,000+ SF.
- Located less than 1 mile from RT 128 and the Mass Pike.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $313.6k | $16.08 |
| − Vacancy | −$17.2k | −$0.88 |
| EGI | $296.3k | $15.20 |
| − OpEx | −$88.9k | −$4.56 |
| NOI | $207.4k | $10.64 |
19,500 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$8.84M
$7.73M – $10.31M
NOI $618,743 @ 7.0% cap · market cap 12.50%
Second Best
Industrial
$2.96M
$2.59M – $3.46M
NOI $207,420 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$11.54M
$10.10M – $13.47M
NOI $808,075 @ 7.0% cap · market cap 16.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Vali Bros Transportation ...
Limousine Service
Jay Penni Photography
Photography Service
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Manufacturing-zoned free-standing office building with extensive on-site parking and recent MEP and life-safety upgrades.
Where is this manufacturing property located?
The property is located at 132 Charles Street AUB Newton, MA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Free‑standing manufacturing‑zoned office building in Auburndale with on‑site parking and easy access to major routes.; Approx. 20,000 SF building on a lot of 28,000+ SF.; Located less than 1 mile from RT 128 and the Mass Pike.
