Renovated Office Space in
For Lease
$25 SF/Yr
288 Walnut St #1st, Newton, MA 02460
Multiple office spaces available in renovated Newtonville building.
Space SizeContact for details
Days on Market505
Property Features for 288 Walnut St #1st
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$86,676
Building Details
Year Built
1970
Listing Agency:
Red Tree Real Estate
Listed By:
Adam Kotkin
Source:
Corcoran
Added: Apr 19, 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
Investment Insights
Based on property information with market context.
Multiple office spaces are available, ranging from single offices to suites up to 2,000 square feet. A brand new first-floor suite is available. The owner is willing to build out or subdivide the space to meet specific needs. The building features renovated spaces in the heart of Newtonville, with updated hallways and staircases, and is located a minute's walk from the commuter rail. The building has stunning architecture and stained glass windows on the exterior, and includes an elevator. This location presents an opportunity for businesses downsizing from the city to potentially reduce rent in an impressive space. Additional small offices will also be available if more space is needed.
Key Highlights
- Flexible office spaces available, ranging from single offices to multi‑room suites up to 2,000 sq ft.
- Prime Newtonville location, one‑minute walk to the Commuter Rail!
- Opportunity for significant rent savings.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,238
Businesses Nearby
Explore this area
Business Placement
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 24% below the average of $32.81 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Multiple office spaces available in renovated Newtonville building.
Where is this office units located?
The property is located at 288 Walnut St #1st Newton, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Flexible office spaces available, ranging from single offices to multi‑room suites up to 2,000 sq ft.; Prime Newtonville location, one‑minute walk to the Commuter Rail!; Opportunity for significant rent savings.
