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Property profile & analytics
FOR LEASE
Retail space

1158 Beacon St Newton, MA 02461

5,299 SF 0.46 ac lot Built 1964
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US38-1666988
Property summary
AI-generated overview

This exceptional retail and restaurant opportunity is located at 1158 Beacon Street in Newton, Massachusetts, within Middlesex County. The property boasts a total of 5,410 square feet of commercial space, currently entirely vacant and available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 1,644 square feet to a maximum contiguous space of 2,122 square feet. This presents a unique chance for businesses seeking flexible space to suit their individual needs. The building offers ample parking with 18 spaces available for tenants and their customers. The property's prime location on Beacon Street in Newton provides excellent visibility and accessibility, making it an ideal spot for a variety of retail or restaurant concepts. The address is 1158 Beacon Street, Newton, MA 02461. This is a rare opportunity to secure a significant presence in a thriving Newton commercial district. The entire 5,410 square feet is currently vacant, allowing for a single tenant to occupy the entire space or multiple tenants to occupy smaller units. The property is classified as both retail and restaurant use, offering versatility for potential tenants. Don't miss this chance to establish your business in this highly desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Construction FRAME
Total area 5,299 SF
Lot 0.46 ac (20,000 SF)
Zoning code BU2
APN NEWT S:54 B:022 L:0049A
UPID US38-1666988
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
AI Approach AI
$1.80M
CAP Approach CAP
$1.17M
Comparable Approach Comparable
$1.81M
Blend (final) Blend
$1.79M
Owner & transaction history
Gerald A Baratz · 2 yrs held
Gerald A Baratz
since 2023
Last sale
$1.8M
7 recorded transactions
2023
Price N/A
2023
$1.8M
2020
Price N/A
2020
Price N/A
2013
Price N/A
2003
Price N/A
2002
Price N/A
Zoning & alternative use
BU2 · Newton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.2M +56.1%
Office building $1.6M +13.2%
Restaurant $1.5M +7.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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