Investment & Redevelopment Opportunity 264-276 Centre St 14,025 SF Office Building Newton, MA 02458 For Sale

Rare Newton Corner Redevelopment & Investment Opportunity
Godino & Company is pleased to exclusively offer 264–276 Centre Street, Newton, MA, a premier redevelopment and investment opportunity located in the heart of Newton Corner. The offering consists of a 14,025 SF commercial building situated on approximately 27,962 SF of land with approximately 60 +/- surface parking spaces and outstanding frontage along Centre Street.
The property is currently leased to a subsidiary of Mass General Brigham through September 30, 2027, providing stable interim income while allowing investors to plan for future redevelopment or repositioning.
Located within Newton's BU1 and BU2 zoning districts, the property offers exceptional flexibility for future development. Potential uses include:
Medical Office
Mixed-Use Residential
Multifamily Housing
Retail & Neighborhood Services
Senior Living / Assisted Living (Special Permit)
Office or Institutional Uses
The site benefits from excellent visibility, convenient access to the Massachusetts Turnpike (I-90), Storrow Drive, Route 16, and downtown Boston, and is surrounded by many of Greater Boston's leading educational, medical, and life science institutions, including Harvard University, MIT, Boston University, Mass General Brigham, Dana-Farber, Beth Israel Deaconess, Children's Hospital, Arsenal Yards, and Kendall Square.
This is a unique opportunity to acquire a well-located income-producing asset with significant long-term redevelopment potential in one of Greater Boston's most desirable and supply-constrained communities.
For pricing, offering memorandum, and property tours, contact us.