400 Homer St - Retail FOR SALE


Newton, MA 02459- Newton Center
$950,000 USD
617-212-8104
400 Homer St, Newton, MA for Sale
$950,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

May '26


400 Homer St
Newton, MA 02459
Newton Center


HIGHLIGHTS

  • Single tenant building with on premise parking
  • Fantastic Newton Centre location
  • Fully built out space

OVERVIEW

Stand alone, direct entry property with parking for sale. Great Newton Centre location (across from City Hall and down the block from the Main Library) zoned for residential use with a special permit for commercial use. Zoned SR2, the new owner has the right to build/expand to a 1,787 SF single family home on this parcel of land (Lot size: 3,885 SF). Currently being used for commercial purposes (beauty spa - personal services), which the City of Newton has approved through its special permit. Tons of possibilities with this Newton Centre property. Commercial wise, the building is licensed for "any and all personal services" (with 1 1/2 bathrooms and dual hair washing stations) but can also be used as office space for a psychologist, attorney, architect or other small business. On premise parking for five vehicles plus tons of free on street parking available.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$792 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

400 Homer Street - Newton Centre MA

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

SR2

APN/PARCEL ID

NEWT-000064-000003-000001

ASK ABOUT THIS PROPERTY

Tom SlaytonCRG CommercialMore Info
617-212-8104

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

Tom SlaytonCRG CommercialMore Info
617-212-8104

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