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    OFF-MARKET
    Retail properties & Spaces

    309-321 Walnut St, Newton, MA 02460

    5,855 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property, located at 309-321 Walnut Street in Newtonville, Massachusetts, offers a unique opportunity for businesses seeking a vibrant and accessible location. The property encompasses a total of 5,855 square feet, with 877 square feet currently available for lease. Situated in a densely populated and affluent neighborhood, just seven miles west of Boston, this single-tenant space benefits from its proximity to the Newtonville MBTA commuter rail stop on the Framingham/Worcester line, ensuring convenient access for both employees and customers. The property includes a valuable asset: a private rear parking lot providing 13 spaces. This is a significant advantage in a location where parking can be at a premium. The strategic location also places the property less than half a mile from Newton North High School, a large campus with over 2,100 students, creating a substantial pool of potential customers. The surrounding area boasts a mix of established businesses, including The UPS Store, Union Pharmacy, LeDu Thai Eatery, George Howell Coffee, and Fitness Together, contributing to a thriving commercial environment. This property presents a compelling opportunity for a business seeking a high-visibility location with excellent accessibility and ample parking in a desirable Newtonville neighborhood. The available 877 square feet offers flexibility for a variety of retail uses.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 5,855 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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