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Converted Office Building Suite
For Lease
$2,200/Mo

288 Walnut #4th, Newton, MA 02460

Four-room office suite in converted building with convenient transit access.

Space SizeContact for details
Days on Market468

Property Features for 288 Walnut #4th

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $9,999
Listing Agency: Red Tree Real Estate
Listed By: Adam Kotkin
Source: Corcoran
Added: Jul 8, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 Red Tree Real Estate

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Investment Insights

Based on property information with market context.

This property features a four-room suite comprising three offices and a common area. It is located within an old church building that was converted into an office building in the 1980s. The location offers convenient access to transportation, with a commuter rail stop situated directly at the building. A supermarket is located across the street. The area is pedestrian-friendly, boasting a walk score of 88. Parking options include neighborhood parking and ample on-street parking available directly across from the building. The property is suitable for office space use.

Key Highlights

  • Commuter rail stop directly at the building.
  • High walk score of 88 indicating a great walking area.
  • Supermarket located across the street.

Property Analytics

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Current Use

Insight Education: College ... Training Center Suzanne Merlis, Psychologist Physician Zielonka Financial Services ... Tax Preparation Caitlin Jones, LMHC Psychotherapist Meghan Miklusak, Counselor Psychotherapist

Suggested Use

Top Pick Dental Office Restaurant Big Box & Wholesale Store Auto Parts Store Furniture & Home Goods Hair Salon

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

Lease Details

NNN (Triple Net)
Lease Type
$6.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,238
Businesses Nearby

Demographics for 02460, MA

9,204
Population
4,171
Households
2.2
Avg Household Size
43
Median Age
78%
College-Educated
98%
High-School Grad
1.3 sq mi
ZIP Area
7,080
Density / Sq Mi
$154,329
Median Household Income
$82,458
Median Earnings
$2,606
Median Rent
$1,124,300
Median Home Value
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Market

Lease Benchmarks for Newton, MA

$32.58 /SF/Yr
Avg Asking Price
$5.45–$85 /SF/Yr
Price Range
5,688 SF
Avg Space Size

This space is priced 25% above the average of $32.58 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office units - Four-room office suite in converted building with convenient transit access.
Where is this office units located?
The property is located at 288 Walnut #4th Newton, MA.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Commuter rail stop directly at the building.; High walk score of 88 indicating a great walking area.; Supermarket located across the street.
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