30 Riverdale Ave, Newton, MA 02458-1064
This exceptional 2023-built flex/industrial condominium unit in Newton, MA, presents a unique investment opportunity. Located at 30 Riverdale Ave #8, this property boasts a generous 0.73-acre lot and offers a versatile space ideal for a variety of businesses. The unit features a fully climate-controlled interior, including a convenient half bath and utility sink. Access is simplified by a 14-foot drive-in door, facilitating easy loading and unloading. Above the warehouse space, a climate-controlled mezzanine office provides additional workspace with a 10-foot ceiling height. The warehouse itself offers impressive clear heights ranging from 9 to 24 feet, maximizing storage and operational efficiency. This property benefits from its strategic location, providing easy access to major transportation arteries including the Mass Pike, Storrow Drive, and Route 20. The property is zoned M, offering flexibility for various commercial uses. This turnkey solution is ready for immediate occupancy and represents a compelling opportunity for businesses seeking a modern, well-equipped space in a highly desirable location. Contact us today to schedule a viewing and explore the potential of this exceptional property.
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Garden City Landscape Maintenance Landscaping General Contractor
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J & D Landscape Contractors Landscaping General Contractor
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Garden City Maintenance & Landscaping Landscaping General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
MAN · Newton, MANewton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.