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Property profile & analytics
OFF-MARKET
Lifestyle centers

153 Needham St Newton, MA 02461

10,830 SF
Property ID
Property summary
AI-generated overview

This exceptional 10,830-square-foot retail space, located at 153 Needham Street in Newton, Massachusetts, presents a unique opportunity for a single-tenant user. The Newton Nexus Shopping Center boasts a highly visible location in Middlesex County, offering immediate access to a substantial customer base. The property is currently entirely vacant, providing a blank canvas for a discerning tenant to create a bespoke retail or restaurant experience. The building's size allows for significant flexibility in design and layout, accommodating a wide range of business concepts. Ample parking is available with 515 spaces, ensuring convenient access for customers and employees. The property is classified as a shopping center and is zoned for retail and restaurant uses. Its strategic location in Newton, zip code 02461, offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong brand recognition. This is a rare opportunity to secure a substantial, well-located retail space in a thriving Massachusetts market. The property is available for lease and offers a significant potential for growth and success. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy.

Property profile
Verified
Property type Lifestyle centers
Total area 10,830 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
Current use
Occupant on record · Public records
  • Crosspoint Associates Inc Construction Company General Contractor
  • Boston Ballet School, Newton MA Training Center
  • Boston Ski + Tennis (Bike/Boat/Book/etc) Store
  • Examity Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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