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Office Unit with Ample Parking
For Lease
$4,500/Mo

60 Austin St 303, Newton, MA 02460

Professional office space with parking near restaurants, shops, and cafes in a highly walkable setting.

Space Size2,250 SF
Days on Market8

Property Features for 60 Austin St 303

General Information

Standard status Active
Size 2,250 SF
Net Rentable 2,250 SF
Elevators No
Property subtype Commercial

Space & Availability

Available Space 2,250 SF
Contiguous Space 2,250 SF
Space Use Office

Taxes and HOA fees

Annual Taxes $54,644

Building Details

Year Built 1970
Listing Agency: JMJ Commercial Realty, Inc.
Listed By: Joshua Seadia
Source: Elliman
Added: Sep 18 Last Checked: Sep 24 at 12:36PM

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 JMJ Commercial Realty, Inc.

Investment Insights

Based on property information with market context.

This office unit provides approximately 2,250 square feet within a building constructed in 1970. The space is suited to professional office use and includes access to ample parking. The building does not have an elevator.

Located at 60 Austin St 303 in Newton, the property is near restaurants, shops, and cafes. Walk Score is 82, Bike Score is 51, and Transit Score is 35, providing a mix of pedestrian, bicycle, and public transportation access.

Key Highlights

  • Approx 2,250 sf of office space
  • Ample parking available
  • No elevator in the building

Property Analytics

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Open Analytics

Current Use

Russian School of Mathematics ... High School Jeffrey C. Carlson, ... Medical Clinic Bob Gifford Video ... Film Production NEB Mortgage - Newton ... Bank ewaldorfmediation Mediation Service

Suggested Use

Top Pick Furniture & Home Goods Home Appliance Store Auto Parts Store Big Box & Wholesale Store Grocery & Convenience 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

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,221
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Newton, MA

$31.78 /SF/Yr
Avg Asking Price
$5.67–$85 /SF/Yr
Price Range
5,401 SF
Avg Space Size

This space is priced 24% below the average of $31.78 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office space with parking near restaurants, shops, and cafes in a highly walkable setting.
Where is this office units located?
The property is located at 60 Austin St 303 Newton, MA.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Approx 2,250 sf of office space; Ample parking available; No elevator in the building
More about this property
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