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11-15 John St 6,024 SF 100% Leased Office Building Newton, MA 02459 $2,950,751 CAD ($489.83 CAD/SF)



Executive Summary
MIXES USE: Extremely rare opportunity in prime Chestnut Hill. Located on John Street just off Route 9, this property sits steps from The Street at Chestnut Hill and directly across from the Atrium office development. The property consists of two connected buildings totaling 6000+sq ft, not including the walkout lower level on the commercial side and the basement on the residential side. The zoning line uniquely divides the parcel, with approximately half in MR1 (multi-residential) and the other in BU1 (business), offering significant flexibility for redevelopment or mixed-use potential. There is no demolition delay with the city, allowing developers to move forward with plans immediately. The site also features approximately 18 off-street parking spaces with potential for more, an exceptional amenity in this highly desirable location. Conveniently located within walking distance to Chestnut Hill Square, home to Wegmans, as well as The Mall at Chestnut Hill.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,024 SF
Building Class
C
Year Built
1940
Price
$2,950,751 CAD
Price Per SF
$489.83 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,012 SF
Building FAR
0.66
Lot Size
0.21 AC
Zoning
MR1-BU1 - Zoning line cuts through property, part is MR1 multi residential and part is BU1 Business/Commercial - no representations made. Taxes represent part
Parking
2 Spaces (0.33 Spaces per 1,000 SF Leased)
Amenities
- Natural Light
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Tailor - Sergio Ferraz
- -
- -
- -
- -
- Yelena Couture
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Tailor - Sergio Ferraz | - | - | - | - | ||
| Yelena Couture | Retailer | - | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | NEWT-000065-000008-000070 | Improvements Assessment | $1,565,184 CAD |
| Land Assessment | $841,630 CAD | Total Assessment | $2,406,814 CAD |
Property Taxes
Parcel Number
NEWT-000065-000008-000070
Land Assessment
$841,630 CAD
Improvements Assessment
$1,565,184 CAD
Total Assessment
$2,406,814 CAD
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11-15 John St
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