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1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit E
  • 1,962 SF
  • Office
  • $599,000 ($305.30/SF)
  • $40,000
Sale Type Investment or Owner User
Cap Rate 6.68%
No. Parking Spaces 12
Description
Rare opportunity to buy a prime Newton commercial condo with incredible 13-car off-street parking in an ultra-desirable location. The condo is a bright first floor end unit located adjacent to a row of single-story commercial condos. The site offers many windows, excellent signage and choice visibility. The renovated interior with flexible floor plan has multiple spacious corner offices, bathrooms, and kitchen. This unit can be a strong long-term investment with valuable parking or ideal for an owner-user seeking to own a location for retail or office business. Buyer should do its own due diligence regarding permitted uses. Ask regarding environmental.
Sale Notes
Great Windows and Natural Light
Fully Renovated
Ample On-Site Parking
Premier Location
Unit Unit Size Condo Use Price NOI
Unit E 1,962 SF Office $599,000 ($305.30/SF) $40,000

Unit E

Unit Size
1,962 SF
Condo Use
Office
Price
$599,000 ($305.30/SF)
NOI
$40,000

Unit E

Unit Size 1,962 SF
Condo Use Office
Price $599,000 ($305.30/SF)
NOI $40,000
Sale Type Investment or Owner User
Cap Rate 6.68%
No. Parking Spaces 12
Description
Rare opportunity to buy a prime Newton commercial condo with incredible 13-car off-street parking in an ultra-desirable location. The condo is a bright first floor end unit located adjacent to a row of single-story commercial condos. The site offers many windows, excellent signage and choice visibility. The renovated interior with flexible floor plan has multiple spacious corner offices, bathrooms, and kitchen. This unit can be a strong long-term investment with valuable parking or ideal for an owner-user seeking to own a location for retail or office business. Buyer should do its own due diligence regarding permitted uses. Ask regarding environmental.</li></ul>
Sale Notes
Great Windows and Natural Light<br> Fully Renovated<br> Ample On-Site Parking<br> Premier Location</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 31,162 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Office
Building Class C
Floors 2
Typical Floor Size 1,316 SF
Year Built 1958
Lot Size 1.95 AC
Parking Ratio 9.12/1,000 SF
Zoning BU1 - Business Commercial
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
  • Listing ID: 31028098

  • Date on Market: 2/23/2024

  • Last Updated:

  • Address: 655 Saw Mill Brook Pky, Newton, MA 02459

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655 Saw Mill Brook Pky

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