Multi-Suite Office
300 Washington Street, Newton, MA 02458
For Sale
Contact for pricing
Multi-tenant office building offering suites across a wide size range for flexible space planning.
Property Size13,000 SF
Price / SF$0.00
Days on Market1831
Property Features for 300 Washington Street
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
128 CRE
Listed By:
Jeremy Freid · License #9089542-RE-B
(617) 916-1028
Source:
Churchillprop
Added: Nov 4, 2021
Changed: Oct 31
Last Checked: Nov 6 at 6:13AM
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 128 CRE
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Investment Insights
Based on property information with market context.
This offering consists of an office building with multiple available suites. Suite sizes range from 775 to 13,600 SF, giving occupants and buyers options for everything from smaller, standalone offices to larger tenant needs.
The property is located at 300 Washington Street in Newton, Massachusetts. For visibility and convenience, the building provides direct access to the suites within a single structure, simplifying operations for tenants who prefer to consolidate their office space under one ownership or management framework.
Because the available suites cover a broad spectrum of sizes, the building can support a range of office users, from professional services teams seeking compact space to organizations that require more room under one address. If you are evaluating a purchase or assembling space for an expansion, the suite range is a practical starting point for matching your requirements to an available layout within the same building.
The property is located at 300 Washington Street in Newton, Massachusetts. For visibility and convenience, the building provides direct access to the suites within a single structure, simplifying operations for tenants who prefer to consolidate their office space under one ownership or management framework.
Because the available suites cover a broad spectrum of sizes, the building can support a range of office users, from professional services teams seeking compact space to organizations that require more room under one address. If you are evaluating a purchase or assembling space for an expansion, the suite range is a practical starting point for matching your requirements to an available layout within the same building.
Key Highlights
- Multi‑tenant office building built in 1985
- Suites available in a wide size range from 775 to 13,600 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$412,495
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,249,900
$8.2M
Cap Rate 7%
$5,892,786
$5.9M
Cap Rate 9%
$4,583,278
$4.6M
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$705.1K $54.24/SF
− Vacancy
−$155.1K −$11.93/SF
EGI
$550.0K $42.31/SF
− OpEx
−$137.5K −$10.58/SF
NOI
$412.5K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,249,900
Cap Rate 7%
$5,892,786
Cap Rate 9%
$4,583,278
Alternative Uses
Best Use
Office B
$5.89M
$5.16M – $6.87M
NOI $412,495 @ 7.0% cap · market cap 1,114,851.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.70M
$6.73M – $8.98M
NOI $538,717 @ 7.0% cap · market cap 1,455,991.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,215
Businesses Nearby
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Business Placement
Demographics for 02458, MA
12,817
Population
5,238
Households
2.4
Avg Household Size
40
Median Age
76%
College-Educated
97%
High-School Grad
2.0 sq mi
ZIP Area
6,409
Density / Sq Mi
$151,782
Median Household Income
$72,008
Median Earnings
$2,313
Median Rent
$1,116,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Newton, MA
Properties on Market for Office Units in Newton
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Multi-tenant office building offering suites across a wide size range for flexible space planning.
Where is this office unit located?
The property is located at 300 Washington Street Newton, MA.
What are key features of this property?
This property features: Multi‑tenant office building built in 1985; Suites available in a wide size range from 775 to 13,600 SF
