2034-2060 Commonwealth Ave Newton, MA 02466
- Lifestyle centers
- 42,394 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 2034-2060 Commonwealth Ave
- Property size
- 42,394 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Auburndale Plaza, a thriving grocery-anchored shopping center in Newton, Massachusetts, presents a unique retail opportunity. Located at 2034-2060 Commonwealth Ave, this Middlesex County property boasts a total of 42,394 square feet, with only 244 square feet currently vacant. The center enjoys a prime location within the affluent Auburndale neighborhood, a Boston suburb easily accessible by both road and commuter rail. This translates to exceptional foot traffic and strong demographics, contributing to the center's impressive 704,000 visits in 2023, with an average visit duration of approximately one hour. The center offers a diverse tenant mix, including a Star Market anchor, Bank of America, Bruegger's Bagels, Utopia Cleaners, Supercuts, and Eastern Bank, providing a comprehensive range of services and retail options to the surrounding community. This well-established shopping center provides a stable and attractive investment opportunity for businesses seeking a high-traffic location in a prosperous area. The available space is ideal for a small retail business or service provider looking to establish a presence in this vibrant community. The property is classified as a multi-tenant shopping center.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.2454
- Latitude
- 42.3471