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Renovated First-Floor Office Unit
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288 Walnut St Unit 1, Newton, MA 02460

Professionally managed office space in an elevator building with updated common areas, central air conditioning, and available parking.

Property Size850 SF
Price / SF$0.04
Days on Market13

Property Features for 288 Walnut St Unit 1

General Information

Standard status Active
Size 850 SF
Elevators Yes
Property subtype Commercial

Additional Details

Floor 1

Building Details

Year Built 1970
Listing Agency: Red Tree Real Estate
Listed By: Adam Kotkin · License #RE-B-9510337
Source: Lockandkeyre
Added: Sep 2 Changed: Sep 13 Last Checked: Sep 14 at 7:49AM

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 850-square-foot first-floor office unit is located in a 1970 building that was converted from a church property into office suites during the 1980s. The building has been renovated and includes central air conditioning, an elevator, and common restrooms near the office.

Recent common-area improvements include a front entry, LED lighting, new carpeting and flooring, an updated elevator cab, and new banisters and railings along the common stairs. The property is professionally managed, with on-site parking available as well as street parking at 288 Walnut St in Newton, Massachusetts.

Key Highlights

  • 850‑square‑foot first‑floor office unit
  • 1970 building converted to office suites during the 1980s
  • Renovated common areas with LED lighting, new carpeting, and updated flooring

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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Frequently Asked Questions

What type of property is this?
Office units - Professionally managed office space in an elevator building with updated common areas, central air conditioning, and available parking.
Where is this office units located?
The property is located at 288 Walnut St Unit 1 Newton, MA.
What are key features of this property?
This property features: 850‑square‑foot first‑floor office unit; 1970 building converted to office suites during the 1980s; Renovated common areas with LED lighting, new carpeting, and updated flooring
More about this property
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