MA
Middlesex
Newton
02460
823-833 Washington Street
823-833 Washington Street, Newton, MA 02460
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Listing Type
Commercial/Industrial
Listing Status
Active
9
$6,250,000

Home Details for 823-833 Washington Street

Price
$6,250,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
14485
Year built
1920
Lot size acres
0.25
County
Middlesex
Garage
Days on site
3
MLS Listing#
73484403
Property Description

We are proud to present the opportunity at 823-833 Washington Street in Newton, MA. Situated at the corner of Washington Street and Walnut Street in Newtonville, the property consists of ±14,485 SF and is situated on 10,735 SF of land, zoned BU1/VC3. The property is currently 100% occupied with a healthy mix of high-quality tenants and has experienced minimum vacancy over the term of generational ownership. The property is extremely well located, well maintained, and sits directly across the street from the Newtonville MBTA station and the TRIO apartment community. In 2023, the city of Newton passed the Village Center Overlay District to encourage density in commercial districts. The property sits in VC3 zoning which allows development up to 4.5 stories. Given the transit oriented location, the property greatly benefits from the zoning improvements. Newton, MA is considered one of the most sought after Boston suburbs, so developers are able capitalize on the development potential.

Property Features
    Listing Courtesy: Boston Realty Advisors - 617-375-7900
    Presented by: Kevin Benzinger
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    Market statistics compiled from data from Massachusetts Association of REALTORS.
    EXIT PREMIER REAL ESTATE
    85 Wilmington Road, Burlington, MA 01803
    Brenda Cahoon
    License #: 9049354
    REALTOR®, MAR
    Office
    781 270 4770
    Agent
    781 910 5770
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