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First-Floor Office Unit
New
For Lease
$35 SF/Yr

288 Walnut St 1, Newton, MA 02460

Recently created office space in a professionally managed, elevator-served building with central air conditioning and available parking.

Space SizeContact for details
Property Size850 SF
Days on Market2

Property Features for 288 Walnut St 1

General Information

Standard status Active
Size 850 SF
Elevators Yes
Property subtype Commercial

Space & Availability

Floor 1
Space Use Office

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $83,193

Amenities

front entry
LED lighting
new carpets
new floors
new banisters/railings
Central A/C
common bathrooms
professionally managed
parking available
street parking

Building Details

Building Size 850 SF
Year Built 1970
Listing Agency: Red Tree Real Estate
Listed By: Adam Kotkin · License #RE-B-9510337
Source: Elliman
Added: Sep 4 Last Checked: Sep 4 at 3:26PM

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

Investment Insights

Based on property information with market context.

This first-floor office unit is located within a renovated, professionally managed building that was converted from a former church property into office suites during the 1980s. The property includes elevator access, central A/C, and shared bathrooms near the suite. Recent common-area work includes updated entry space, LED lighting, carpeting and flooring, a new elevator cab, and replaced stair railings and banisters.

Parking is available on-site, with additional street parking nearby. The property is located at 288 Walnut St in Newton, Massachusetts. Its walkScore is 76, rated Very Walkable; bikeScore is 80, rated Very Bikeable; and transitScore is 41, rated Some Transit.

Key Highlights

  • First‑floor office unit in a renovated building
  • Central A/C and elevator access
  • Building converted from a former church into office suites during the 1980s

Property Analytics

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
$5.25 /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

Market

Lease Benchmarks for Newton, MA

$32.81 /SF/Yr
Avg Asking Price
$4.54–$85 /SF/Yr
Price Range
5,781 SF
Avg Space Size

This space is priced 7% above the average of $32.81 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Recently created office space in a professionally managed, elevator-served building with central air conditioning and available parking.
Where is this office units located?
The property is located at 288 Walnut St 1 Newton, MA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: First‑floor office unit in a renovated building; Central A/C and elevator access; Building converted from a former church into office suites during the 1980s
More about this property
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