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Investment & Redevelopment Opportunity 264-276 Centre St 14 025 pi² Bureau Immeuble Newton, MA 02458 À vendre



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Faits saillants de l'investissement
- Rare Newton Corner investment and redevelopment opportunity
- Approximately 60 +/- surface parking spaces with 186 feet of Centre Street frontage.
- Prominent location with exceptional visibility in the heart of Newton Corner.
- 14,025 SF commercial building situated on 27,962 SF of land (3 parcels).
- Leased to a subsidiary of Mass General Brigham through September 30, 2027, providing stable interim cash flow.
Résumé de l'annonce
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.
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.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Taille du bâtiment
14 025 pi²
Classe d’immeuble
B
Année de construction/rénovation
1920/1998
Location
Unique
Hauteur du bâtiment
3 étages
Superficie de plancher typique
9 321 pi²
Coefficient d’occupation des sols de l’immeuble
0,50
Taille du lot
0,64 AC
Zonage
BU1 & BU2 - Zoning: BU1 & BU2 Business Districts
Stationnement
60 places
Commodités
- Climatisation
1 1
Très accessible à pied
80/100
Exceptionnellement adapté aux voitures
90/100
Bons transports en commun
70/100
Très accessible en vélo
80/100
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Vidéos
Visite extérieure 3D Matterport
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Photos
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Rue
Carte
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Présenté par
Investment & Redevelopment Opportunity | 264-276 Centre St
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