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1158 Beacon Street, Newton, MA

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DetailMap
1158 Beacon Street

Newton, MA 02461-1103 - Newton/Brookline Submarket

(1.1 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1964
Building Size:5,298 SF Land Area:.46 AC (20,038 SF)
% Leased:
For Sale Price:$2,550,000 Price/SF:$481.31
Cap Rate:-
Smallest Space:1,200 SF Largest Space:2,500 SF Total Space Avail:3,700 SF Rent/SF/Yr:
$35.00 - $38.00
Parking:20 Surface spaces are available; Ratio of 3.78/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
2,500 SF
$35.00/SF/Yr
Vacant
Negotiable
Office/Retail
 1st
1,200 SF
$38.00/SF/Yr
Vacant
Negotiable
Office/Retail
 
12201978
12201979


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
2,500 SF
$35.00/SF/Yr
Vacant
Negotiable
Office/Retail
1st
1,200 SF
$38.00/SF/Yr
Vacant
Negotiable
Office/Retail

Sale Notes:
Attention owner-users and Investors/Developers! The rarest of rare! Prime Beacon Street 5300 +/- sf free standing retail building on huge 20,000 +/- sf lot in ultra-desirable Newton Four Corners offered FOR SALE! Great retail visibility minutes to Newton Centre and Newton Highlands, surrounded by local restaurants, office buildings, Dunkin Donuts, Walgreens, Whole Foods and More. Three spaces. Middle approx 1500 sf restaurant space has several years left on modified NNN lease. Two spaces (1200 and 2500 +/- sf) are vacant for investor to lease and add value or for potential owner-user. Buyer to do their own due diligence regarding potential for development (please note: almost 1/2 acre 20,000 sf lot in BU-2 zone. Records we have seen show potential FAR of 1.0, thus could be ideal for a commercial - retail/office development, subject to buyer's zoning and environmental verification). A rare opportunity for commercial investors in such a prime high visibility location. Great onsite parking as well

Coldwell Banker Newton Centre
Todd Glaskin
(617) 843-5685


Coldwell Banker Newton Centre
Todd Glaskin
(617) 843-5685



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