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    OFF-MARKET
    Investment properties

    30 Riverdale Ave, Newton, MA 02458-1064

    705 SF 0.74 ac lot Built 1965
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US38-1750920
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1965
    Total area 705 SF
    Lot 0.74 ac (32,100 SF)
    Zoning code MAN
    APN NEWT S:11 B:001 L:0004
    UPID US38-1750920
    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
    • Garden City Landscape Maintenance Landscaping General Contractor
    • J & D Landscape Contractors Landscaping General Contractor
    • Garden City Maintenance & Landscaping Landscaping General Contractor
    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
    28-30 Riverdale LLC · 11 yrs held
    28-30 Riverdale LLC
    since 2014
    2 recorded transactions
    2022
    2014
    $1.9M
    Zoning & alternative use
    MAN · Newton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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