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Retail Space in Newtonville Heart
For Lease
$49 SF/Yr

304-306 Walnut St., Newton, MA 02460

Retail space with new storefront, HVAC, and ample frontage.

Space SizeContact for details
Days on Market203

Property Features for 304-306 Walnut St.

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $8

Building Details

Year Built 1999
Listing Agency: Conviser Property Group, Inc.
Listed By: James Conviser
Source: Corcoran
Added: Jan 21 Changed: Aug 9 Last Checked: Apr 5 at 11:36PM

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 Conviser Property Group, Inc.

Investment Insights

Based on property information with market context.

This retail space is located in the heart of Newtonville and features a new storefront, HVAC system, and updated power infrastructure. The property offers over 40 feet of frontage. Parking is available in the rear of the building, and basement space is included. The total property size is 6,100 square feet. The space can be demised to 3,000 square feet.

Key Highlights

  • Prime Newtonville location.
  • New storefront, HVAC, and power.
  • 40'+ of frontage.**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Restaurant Big Box & Wholesale Store Auto Parts Store Real Estate Agency Furniture & Home Goods

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
$7.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

496
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

$36.56 /SF/Yr
Avg Asking Price
$30–$49 /SF/Yr
Price Range
3,530 SF
Avg Space Size

This space is priced 34% above the average of $36.56 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with new storefront, HVAC, and ample frontage.
Where is this retail space located?
The property is located at 304-306 Walnut St. Newton, MA.
What is the lease rate?
The lease rate is $49 SF/Yr.
What are key features of this property?
This property features: Prime Newtonville location.; New storefront, HVAC, and power.; 40'+ of frontage.**
More about this property
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