11-15 John St - Office/Residential FOR SALE


Newton, MA 02459- Thompsonville
$2,148,000 USD
617-775-0894
11-15 John St, Newton, MA for Sale
$2,148,000 USD
Office/Residential - FOR SALE
1/7
null | Request Cap Rate

11-15 John St
Newton, MA 02459
Thompsonville


OVERVIEW

MIXES USE: Extremely rare opportunity in prime Chestnut Hill. Located on John Street just off Route 9, this property sits steps from The Street at Chestnut Hill and directly across from the Atrium office development. The property consists of two connected buildings totaling 6000+sq ft, not including the walkout lower level on the commercial side and the basement on the residential side. The zoning line uniquely divides the parcel, with approximately half in MR1 (multi-residential) and the other in BU1 (business), offering significant flexibility for redevelopment or mixed-use potential. There is no demolition delay with the city, allowing developers to move forward with plans immediately. The site also features approximately 18 off-street parking spaces with potential for more, an exceptional amenity in this highly desirable location. Conveniently located within walking distance to Chestnut Hill Square, home to Wegmans, as well as The Mall at Chestnut Hill.

FOR SALE DETAILS

PRICE

$2,148,000 USD

PRICE/SF

$419 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

MR1-BU1

APN/PARCEL ID

NEWT-000065-000008-000070

ASK ABOUT THIS PROPERTY

John SalehCentre Realty Group BrightonMore Info
617-775-0894

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John SalehCentre Realty Group BrightonMore Info
617-775-0894

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.