997 Chestnut St Newton, MA 02464
This exceptional investment opportunity presents a vacant, 1,886-square-foot commercial condo in Newton, Massachusetts. Located at 997 Chestnut Street, this three-story unit is situated within a charming mixed-use antique farmhouse. The property offers ample space, including spacious rooms, a convenient kitchenette, and substantial storage. Recent updates enhance its appeal. The building features onsite parking, a significant advantage in this desirable location. Priced at $575,000, this translates to $304.88 per square foot. Its Class C designation reflects its potential for renovation and customization. The property's convenient location just off Route 9 provides easy access to Interstate 95, ensuring excellent accessibility and visibility. This owner-user opportunity is perfect for businesses seeking a blend of character and modern convenience. The vacant status allows for immediate occupancy and customization to suit specific business needs. This is a rare chance to acquire a well-located, spacious commercial condo in a thriving area. The property is a single unit within a single building, offering simplicity and ease of management. Don't miss this chance to own your workspace in a prime Newton location.
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Ethereal Space Gym & Fitness Center Alternative Medicine Practice
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Rebel Builders Construction Company General Contractor
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Daniel P. Brown, PhD Physician Medical Clinic
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Heesch & Heesch Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.