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    Property profile & analytics
    OFF-MARKET Estimated value $975,000
    Banks

    1 Chestnut St, Newton, MA 02465-2515

    4,732 SF 0.16 ac lot Built 1930
    Entity Owned ~ Est. High Equity
    Property ID
    US38-0884674
    Property summary
    AI-generated overview

    This exceptional 2,500 square foot retail space is available for lease at 1 Chestnut Street in Newton, Massachusetts. Located in Middlesex County, this single-tenant property offers a fantastic opportunity for a business seeking a prominent location. The building's total square footage is 2,500 square feet, all of which is currently vacant and ready for immediate occupancy. The property boasts ample parking with eight spaces available for customers and employees. The property type is classified as retail, specifically a bank, suggesting a layout potentially suitable for financial institutions or similar businesses requiring a secure and professional environment. The address is 1 Chestnut Street, Newton, MA 02465. Its convenient location within Middlesex County offers excellent accessibility and visibility, making it an ideal space for a business looking to establish or expand its presence in the thriving Newton market. The property is ready for immediate lease and presents a unique opportunity for a discerning tenant. Interested parties are encouraged to inquire further to explore the possibilities this prime retail space offers. The property is situated at latitude 42.3491659 and longitude -71.2256486.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1930
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,732 SF
    Lot 0.16 ac (6,793 SF)
    Zoning code BU1
    APN NEWT S:33 B:010 L:0005
    UPID US38-0884674
    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
    • Bank of America Home Mortgage Loan Service Bank
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $975k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $975k
    Owner & transaction history
    Hilliards Newton Rlty LLC
    Hilliards Newton Rlty LLC
    since 2025
    Last sale
    $975,000
    2 recorded transactions
    2025
    $1.5M
    2024
    $975,000
    Zoning & alternative use
    BU1 · Newton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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