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1629 Centre St - 1629 Centre St - Newly Zoned for Residential 0.18 Acres of Commercial Land Offered at $2,995,000 in Newton, MA 02461
Executive Summary
Prime Newton Highlands Village land offering just steps to the D-line MBTA. Existing two-family structure with detached two-car garage and abundant on-site parking. Situated in the newly rezoned VC2 Village Center Overlay, a district designed to enable more housing near transit and amenities. Potential for a large building footprint, reduced front/side setbacks, and multi-story massing (up to 3.5 story) consistent with VC2 standards. Buyer to perform all due diligence regarding allowable density, parking ratios, inclusionary requirements, utilities, and permitting. Exceptional walkable location near cafés, restaurants, parks, Crystal Lake and easy access to Longwood Medical, and Routes 9/128/90.
Property Facts
| Price | $2,995,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.18 AC |
| Zoning | VC2 - Village Center Overlay | ||
| Price | $2,995,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.18 AC |
| Zoning | VC2 - Village Center Overlay |
1 Lot Available
Lot
| Price | $2,995,000 | Lot Size | 0.18 AC |
| Price Per AC | $16,638,888.89 |
| Price | $2,995,000 |
| Price Per AC | $16,638,888.89 |
| Lot Size | 0.18 AC |
Level corner lot with new zero set backs. Building heights allowed up to 3.5 stories.
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Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | NEWT-000052-000037-000019 | Improvements Assessment | $517,500 |
| Land Assessment | $654,300 | Total Assessment | $1,171,800 |
Property Taxes
Parcel Number
NEWT-000052-000037-000019
Land Assessment
$654,300
Improvements Assessment
$517,500
Total Assessment
$1,171,800
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1629 Centre St - 1629 Centre St - Newly Zoned for Residential
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