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    Property profile & analytics

    1158 Beacon St Newton, MA 02461

    • Retail space
    • 5,299 SF
    • 0.46 lot acres
    For Lease
    View listing
    Value Estimation
    $1,730,000
    Last Sale
    Aug 22, 2023
    $1,750,000
    Location Intelligence
    Property ID
    US38-1666988
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1158 Beacon St

    Year built
    1964
    Construction
    FRAME
    Lot size
    0.46 lot acres
    Property size
    5,299 SF
    Zone code
    BU2
    Property type
    Retail space
    APN
    NEWT S:54 B:022 L:0049A
    APU
    NEWTS54B022L0049A

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,830,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,565,000
      6.5%
      $1,725,000
      7%
      $1,880,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,510,000
      Geo Method
      $1,760,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,725,000
      Retail
      $1,785,000
      Mixed-Use
      $1,680,000
      Hospitality
      $1,490,000
      Educational
      $1,605,000
      Residential Income
      $1,765,000
      Energy
      $1,790,000
      Income-Based Land
      $1,870,000
      Food Service
      $1,420,000

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2103
    Latitude
    42.3307
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $36,073
    $1,179,000
    $789,000
    $1,968,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $235,000
      720 SF

      1191 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      1191 Walnut St, Newton, MA 02461-1240
      View Details
    • Value Estimation
      $315,000
      1,905 SF

      37 Kenneth St

      RETAIL STORES (PERSONAL SERVICES) • 1,905 SF
      37 Kenneth St, Newton, MA 02461-1943
      View Details
    • Value Estimation by Request
      7,676 SF

      70 Needham St

      RETAIL STORES (PERSONAL SERVICES) • 7,676 SF
      70 Needham St, Newton, MA 02461-1616
      View Details
    • Value Estimation by Request
      8,333 SF

      23 Lincoln St, Unit 33

      RETAIL STORES (PERSONAL SERVICES) • 8,333 SF
      23 Lincoln St, Newton, MA 02461-1526
      View Details
    • Value Estimation by Request
      6,459 SF

      1173-1177 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 6,459 SF
      1173-1177 Walnut St, Newton, MA 02461
      View Details
    • Value Estimation by Request
      3,733 SF

      1138-1142 Beacon St

      RETAIL STORES (PERSONAL SERVICES) • 3,733 SF
      1138-1142 Beacon St, Newton, MA 02461
      View Details

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    1158 Beacon St
    Newton, MA 02461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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