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Two-Parcel Development Opportunity
For Sale
$1,650,000
Pending

40 Oakland St, Newton, MA 02458

Includes an existing function hall structure with off-street parking, plus a paved lot across the street.

Property Size3,772 SF
Days on Market75

Property Features for 40 Oakland St

General Information

Standard status Pending
Size 3,772 SF
Zoning RES A

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $7,283
Listing Agency: Century 21 North East
Listed By: Steven Ultrino
Source: Exprealty
Added: Jun 20 Changed: Aug 20 Last Checked: Sep 1 at 9:36PM

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 Century 21 North East

Investment Insights

Based on property information with market context.

This is a two-parcel offering sold together: 40 Oakland St features an existing function hall structure along with off-street parking, and 35 Oakland St is a paved lot directly across the street. Both parcels are located in RES A zoning, with parcel-specific details referenced in the attachments.

The property is described as being in Malden’s Edgeworth neighborhood and is located less than a mile from Malden Center T station, which provides Orange Line and Commuter Rail access. Routes 60 and 93 are noted as minutes away, with Assembly Row, Wellington Circle, and downtown Boston described as nearby.

Please note that this listing reflects square feet, taxes, and assessments for 40 Oakland St only, while both parcels are intended to be sold at the same time.

Key Highlights

  • Two‑parcel package in Malden’s Edgeworth neighborhood: 40 Oakland St plus 35 Oakland St across the street
  • 40 Oakland St includes an existing function hall structure and off‑street parking
  • 35 Oakland St is a paved lot directly across the street

Property Analytics

Current Use

Wedding venues

Suggested Use

Top Pick Food Market Grocery & Convenience Store Bar & Pub Clothing & Fashion Store Cosmetic Store Veterinary Clinic

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,083
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Wedding venue - Includes an existing function hall structure with off-street parking, plus a paved lot across the street.
Where is this wedding venue located?
The property is located at 40 Oakland St Newton, MA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Two‑parcel package in Malden’s Edgeworth neighborhood: 40 Oakland St plus 35 Oakland St across the street; 40 Oakland St includes an existing function hall structure and off‑street parking; 35 Oakland St is a paved lot directly across the street
More about this property
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