823-833 Washington St
Newton, MA 02460
Commerce de détail Propriété À vendre

Boston Realty Advisors is proud to present the opportunity to acquire 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 to draft off these drivers and capitalize on the development potential.
823-833 Washington is available for sale on an “un-priced” basis. We will be conducting tours of the property in the coming weeks with a “call-for-offers” to follow.