Renovated Retail
New
For Sale
Contact for pricing
991-1001 Boylston Street, Newton, MA 02461
Updated interior finishes, a new bathroom, and basement storage support a range of commercial uses.
Property Size1,880 SF
Price / SF$0.02
Days on Market4
Property Features for 991-1001 Boylston Street
General Information
Standard status
Active
Size
1,880 SF
Property subtype
Commercial
Amenities
basement storage
off-street parking
Building Details
Year Built
1900
Listing Agency:
DMG Brokerage, LLC
Listed By:
Dan Gardner
(781) 591-3232
Source:
Lockandkeyre
Added: Oct 28
Changed: Oct 31
Last Checked: Oct 31 at 3:29AM
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 DMG Brokerage, LLC
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 at 991-1001 Boylston Street contains approximately 1,880 square feet, with updated interior finishes and a new bathroom. A full basement provides additional storage. The building was constructed in 1900.
The property fronts Route 9, also known as Boylston Street, in Newton and sits at a signalized intersection. Off-street parking is available.
The property fronts Route 9, also known as Boylston Street, in Newton and sits at a signalized intersection. Off-street parking is available.
Key Highlights
- Approximately 1,880 SF of retail space
- Recently updated interior finishes and a new bathroom
- Full basement for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,021
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,420
$540.4K
Cap Rate 7%
$386,014
$386.0K
Cap Rate 9%
$300,233
$300.2K
Market Conditions
NOI Build-Up for 1,880 SF
Gross rent
$41.3K $21.96/SF
− Vacancy
−$2.7K −$1.43/SF
EGI
$38.6K $20.53/SF
− OpEx
−$11.6K −$6.16/SF
NOI
$27.0K $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%
$540,420
Cap Rate 7%
$386,014
Cap Rate 9%
$300,233
Alternative Uses
Best Use
Retail
$386.0K
$337.8K – $450.4K
NOI $27,021 @ 7.0% cap · market cap 60,046.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$973.8K – $1.30M
NOI $77,907 @ 7.0% cap · market cap 173,126.67%
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
1,042
Businesses Nearby
135k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 51%
Shops & Services 28%
Dining 20%
Home Improvements & Furnishings 1%
T.J. Maxx
Apparel
45,110 visits/mo
0.5 miles
Sierra
Apparel
22,919 visits/mo
0.5 miles
Dunkin' Donuts
Dining
12,268 visits/mo
0.5 miles
Sunoco
Shops & Services
10,951 visits/mo
0.1 miles
Dunkin' Donuts
Dining
10,225 visits/mo
0.1 miles
Demographics for 02461, MA
7,430
Population
2,785
Households
2.7
Avg Household Size
44
Median Age
88%
College-Educated
97%
High-School Grad
1.5 sq mi
ZIP Area
4,953
Density / Sq Mi
$207,292
Median Household Income
$101,850
Median Earnings
$3,026
Median Rent
$1,154,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Updated interior finishes, a new bathroom, and basement storage support a range of commercial uses.
Where is this retail space located?
The property is located at 991-1001 Boylston Street Newton, MA.
What are key features of this property?
This property features: Approximately 1,880 SF of retail space; Recently updated interior finishes and a new bathroom; Full basement for storage
