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The Stevens Building 1161-1196 Walnut St 13,824 SF 100% Leased Retail Building Newton, MA 02461 For Sale
Executive Summary
Marini Real Estate is pleased to offer the sale of The Stevens Building, a landmark 22,000 SF mixed-use property in the heart of Newton Highlands, comprising of luxury retail, medical, and office space across multiple street addresses on Lincoln and Walnut Streets. Anchoring the start of the village's active retail corridor and positioned directly across from the MBTA Green Line (D) station, the property benefits from consistent foot traffic, strong daytime population, and excellent visibility along both Walnut and Lincoln Streets.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
13,824 SF
Building Class
B
Year Built
1905
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.38
Lot Size
0.23 AC
Zoning
BU1 - BU1/VC
Frontage
145’ on Lincoln Street
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NEWT-000052-000008-000016 | Improvements Assessment | $5,689,640 CAD |
| Land Assessment | $1,300,446 CAD | Total Assessment | $6,990,086 CAD |
Property Taxes
Parcel Number
NEWT-000052-000008-000016
Land Assessment
$1,300,446 CAD
Improvements Assessment
$5,689,640 CAD
Total Assessment
$6,990,086 CAD
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The Stevens Building | 1161-1196 Walnut St
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