Retail Space with Restaurant
New
For Sale
Contact for pricing
57 Lincoln St, Newton, MA 02458
Large display windows, a recent HVAC system, and two private parking spaces support a range of retail operations.
Property Size2,200 SF
Price / SF$0.02
Days on Market3
Property Features for 57 Lincoln St
General Information
Standard status
Active
Size
2,200 SF
Total Parking Spaces
2
Property subtype
Commercial
Amenities
incredible huge windows and signage
Recent HVAC system
Two existing renovated bathrooms
Huge basement space below
Building Details
Year Built
1920
Listing Agency:
Coldwell Banker Realty - Newton
(617) 969-2447
Listed By:
Todd Glaskin · License #9009395
(617) 843-5685
Source:
Lockandkeyre
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 25 at 2:50AM
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 Coldwell Banker Realty - Newton
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space offers approximately 2,200 square feet, with prominent windows, a recent HVAC system, and two renovated bathrooms. A substantial basement provides additional space beneath the main level. The building dates to 1920.
The property is in Newton Highlands, next to the U.S. Post Office and surrounded by retail businesses and restaurants. The MBTA Green Line is minutes away. Two private parking spaces are included.
The property is in Newton Highlands, next to the U.S. Post Office and surrounded by retail businesses and restaurants. The MBTA Green Line is minutes away. Two private parking spaces are included.
Key Highlights
- Approximately 2,200 square feet of retail space
- Two renovated bathrooms and a recent HVAC system
- Large windows and signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,620
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,400
$632.4K
Cap Rate 7%
$451,714
$451.7K
Cap Rate 9%
$351,333
$351.3K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$48.3K $21.96/SF
− Vacancy
−$3.1K −$1.43/SF
EGI
$45.2K $20.53/SF
− OpEx
−$13.6K −$6.16/SF
NOI
$31.6K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,400
Cap Rate 7%
$451,714
Cap Rate 9%
$351,333
Alternative Uses
Best Use
Specialty Retail
$588.7K
$515.1K – $686.8K
NOI $41,209 @ 7.0% cap · market cap 91,575.56%
Second Best
Retail
$451.7K
$395.3K – $527.0K
NOI $31,620 @ 7.0% cap · market cap 70,266.67%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,167 @ 7.0% cap · market cap 202,593.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
980
Businesses Nearby
46k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 31%
Home Improvements & Furnishings 3%
Sunoco
Shops & Services
10,951 visits/mo
0.4 miles
Dunkin' Donuts
Dining
10,225 visits/mo
0.3 miles
BP
Shops & Services
6,665 visits/mo
0.3 miles
Sunoco
Shops & Services
4,918 visits/mo
0.3 miles
7-Eleven
Shops & Services
4,592 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Large display windows, a recent HVAC system, and two private parking spaces support a range of retail operations.
Where is this retail space located?
The property is located at 57 Lincoln St Newton, MA.
What are key features of this property?
This property features: Approximately 2,200 square feet of retail space; Two renovated bathrooms and a recent HVAC system; Large windows and signage
