$6,250,000
Active823-833 Washington Street
Newton, MA, 02460
Commercial · MLS #73484403
Days on market
New today
Lot size
0.25 ac
0.25 acres
Lot
About this home
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.
Listed by Kevin Benzinger · Boston Realty Advisors
Schedule a showing
823-833 Washington Street
Estimated payment
$40,458 / month
Loan term
- Principal & interest
- $31,603
- Property tax
- $6,250
- Home insurance
- $2,604
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
Compare