823-833 Washington Street, Newton, MA 02460
823-833 Washington Street, Newton, MA 02460
823-833 Washington Street, Newton, MA 02460
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$6,250,000
Est. payment /mo
14,485 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,485 sqft

Price per Sqft $431

MLS Listing ID 73484403

HOA Y/N false

Year Built 1920

Annual Tax Amount $99

Tax Year 99

Lot Size 10,890 Sqft

Acres 0.25

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.

Location

State MA

County Middlesex

Area Newtonville

Zoning 99

Direction 823-833 Washington Street Newton, MA 02460

Others

Senior Community false

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Listed by Boston Realty Advisors

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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823-833 Washington Street