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Full-Floor Penthouse Office
For Lease
$24 SF/Yr

288 Walnut Unit 6, Newton, MA 02460

Private office suite with elevator access, flexible professional layout, and transit access at the property.

Space SizeContact for details
Days on Market11

Property Features for 288 Walnut Unit 6

General Information

Standard status Active
Elevators Yes
Lease Term []

Space & Availability

Floor Penthouse
Space Use Office
Private Offices 10

Additional Details

Public Transit Yes

Building Details

Year Built 9999
Listing Agency: Red Tree Real Estate
Listed By: Adam Kotkin
Source: Oldeforgerealty
Added: Aug 10 Changed: Aug 19 Last Checked: Aug 19 at 10:27AM

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 4,000-square-foot penthouse office occupies an entire floor and provides private access from the elevator. The current layout includes 10 offices and a substantial shared area, offering an established professional configuration with room for adaptation. The unit is housed within a historic church building that was converted to professional offices in the 1980s and has since been renovated.

Off-street parking is available, while additional on-street parking is located across from the building. A commuter rail stop sits directly at the property, and a supermarket is steps away. The surrounding neighborhood has a Walk Score of 88, supporting convenient access to daily services and public transportation.

Key Highlights

  • 4,000 SF full‑floor penthouse office unit
  • 10 offices with a large common area
  • Direct elevator access to the private space

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
$3.60 /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

$32.61 /SF/Yr
Avg Asking Price
$4.54–$85 /SF/Yr
Price Range
5,579 SF
Avg Space Size

This space is priced 26% below the average of $32.61 /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 - Private office suite with elevator access, flexible professional layout, and transit access at the property.
Where is this office units located?
The property is located at 288 Walnut Unit 6 Newton, MA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 4,000 SF full‑floor penthouse office unit; 10 offices with a large common area; Direct elevator access to the private space
More about this property
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