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Basement Office Suite
For Lease
$3,000/Mo

299 Newport Avenue Unit Bsmt, Quincy, MA 02170

Basement office suite with approximately five rooms, offering street parking and straightforward access for showings.

Space SizeContact for details
Days on Market161

Property Features for 299 Newport Avenue Unit Bsmt

General Information

Standard status Active

Building Details

Year Built 1957
Listing Agency: V & E Realty
Listed By: Derek Wong · License #455500324
Source: Milburyre
Added: May 10 Changed: Oct 16 Last Checked: Oct 16 at 9:33AM

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 V & E Realty

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Investment Insights

Based on property information with market context.

This basement commercial office space consists of approximately five rooms, suitable for a range of office uses requiring multiple interior work areas. Street parking is available, and the space is described as easy to show with notice.

The property is located directly across from Wollaston T Station on the Red Line. Public transit access is a key convenience point for employees and visitors.

Lease execution terms noted by the owner include payment of the first month, last month, and a security deposit upon lease signing, along with a listing firm commission due at lease signing as specified in the remarks. Prospective tenants are encouraged to complete due diligence.

Key Highlights

  • Basement commercial space with approximately five rooms
  • Directly across from Wollaston T Station (Red Line)
  • Street parking available

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Parking Lot & Garage Food Market Grocery & Convenience Store Garden Center Hotel & Motel

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,318
Businesses Nearby

Demographics for 02170, MA

19,950
Population
8,471
Households
2.4
Avg Household Size
39
Median Age
46%
College-Educated
86%
High-School Grad
2.1 sq mi
ZIP Area
9,500
Density / Sq Mi
$101,840
Median Household Income
$54,561
Median Earnings
$1,801
Median Rent
$661,800
Median Home Value
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Market

Lease Benchmarks for Quincy, MA

$35.7 /SF/Yr
Avg Asking Price
$12–$69.6 /SF/Yr
Price Range
5,429 SF
Avg Space Size

This space is priced 66% below the average of $35.7 /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 - Basement office suite with approximately five rooms, offering street parking and straightforward access for showings.
Where is this office units located?
The property is located at 299 Newport Avenue Unit Bsmt Quincy, MA.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Basement commercial space with approximately five rooms; Directly across from Wollaston T Station (Red Line); Street parking available
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