Newton Retail Space - For Rent & Sale
Typical Properties
Located close to downtown along a heavily trafficked route, the structure at 373 Boylston Street has an elegant brick facade that houses a row of display windows shaded by a green canopy. With 3,800 square feet of available area, the building has a front entryway with a blue canopy extending over the glass paned door, and a parking lot that can accommodate a few vehicles or act as a loading space for goods. Built in 1949, the property has been well maintained and has two stories of space that feature open floor plans, making them ideal for almost any business configuration. Located 1.0 miles from the Newton Centre Station, the property is accessible to local pedestrians and visitors alike.
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Retail Space
The property at 237 Riverview Avenue is an example of the dynamic mixture of purposes that the flexible zoning allows. With three drive-in bays, a bank of windows along the sides of the structure, and a covered entryway, this 7,640 square foot building was built in 1951 and has been beautifully maintained. Suites of 3,820 square feet are available and can be arranged in almost any way imaginable, depending on the creativity of the owner and occupant.
For those who prefer a taller structure closer to downtown, the property at 345 Boylston Street offers both convenience and ample space for creative enterprise. With 18,360 total square feet of area, this four story structure has a limestone exterior with a large ground floor suite perfect for virtually any business. With suites of 1,407 square feet available for lease, the building offers elevator service, a recently remodeled lobby, and easy access to Route 9. Built in 1973, the building has been exquisitely maintained, and creates a welcoming, professional atmosphere.
Originally built in 1920, the three story building at 989-1001 Watertown Street combines the artful splendor of the past with the fast paced convenience of today’s commercial market. The ground floor suite has been remodeled and features a concrete exterior with ample room for customized business signage above each of the suites. Large display panes look out onto the sidewalk and adjacent street, creating a visual throughline for shoppers eager to sample multiple shops. With 26,500 square feet of total area, the structure offers suites starting at 1,286 square feet in size. Within close range of Route 95, and only 0.3 miles from the West Newton Commuter Rail station, the structure has high ceilings and storage space in the basement.
Built in 1831, the classic ratios between the ceiling and floor have been preserved at 110 Needham Street, creating a welcoming interior that is full of historic charm. The thoroughly renovated suites feature wood beams and drop tile ceilings, along with numerous display windows that ultimately make up 13,540 square feet of total area. Suites of 1,500 square feet are available, some of which are already outfitted for restaurant purposes. The facility includes basement storage.
Built in 1986, the two story structure at 118 Needham Street makes the most of vertical lines as an aesthetic feature. Located near the center of downtown, this compact yet visually dynamic building combines tall ceilings with hardwood floors and beautiful, expansive windows that let natural light pour in. Meticulously maintained landscaping features enliven the exterior, with a variety of foliage providing a break from the busy sidewalk, and an opportunity to enjoy a small sampling of nature. With 4,974 square feet of available area, the structure has suites of 2,258 square feet available, which feature configurable floor plans and numerous onsite amenities, including a fully equipped shower. The property is only 0.7 miles from the Newton Highlands Station, and 2.0 miles from the Needham Heights Commuter Rail station.
The property at 134 Rumford Avenue has all the benefits of a modern complex with the charm of elegant step backs and banks of aluminum framed windows. Located within easy walking distance of the Charles River on a large parking lot, this complex features a brick exterior and spacious interiors that are flooded with natural light and host to numerous technological amenities. Built in 2008, the 32,533 square foot structure has suites of 4,410 square feet available for lease. Rolling lawns and manicured trees make up the exterior landscaping.
Average Renting and Buying Prices
With a magnificent curving brick exterior that makes the most of its prominent, block long lot, the property at 73-107 Union Street typifies everything that is great about commercial suites in this town. Only steps from publicly accessible transit in the center of the bustling downtown, this structure has 45,838 square feet of leasable area divided into individual suites with a beautiful blue and white canopy and floor to ceiling display panes that face the sidewalk. The building recently placed suites of 500 to 1,700 square feet on the market. Built in 1920, the structure has retained its historic charm and combined it with a contemporary renovation, providing tenants with the best of both worlds. The rent for this property ranges from $4.30 to $4.58 per square foot per month.
Located near Cold Spring Park, this low slung complex at 1158 Beacon Street features a small onsite parking lot and prominent custom business signage mounted beneath the eaves. With 5,298 square feet of total area, this building has suites ranging in size from 1,200 to 2,700 square feet, and is only 0.8 miles from the Newton Highlands Station. Built in 1964, the property has been well maintained, and has large display windows that are perfect for displaying any number of goods or other business items. The rent for this space ranges from $2.92 to $3.16 per square foot per month.
Built on a corner lot, the brick structure at 230-232 California Street is located near the center of downtown, and has several large display panes that face out onto a busy sidewalk and street. Built in 1950, the building has been well maintained and has 3,221 square feet of total area available for lease. Suites of 1,000 square feet are available, and allow for a great deal of custom configuration within the interior. Parking is available on the back lot and on the street, and the shop is located 2.2 miles from the Waltham Commuter Rail station. The rent for this space is $2.50 a square foot per month.
The suites at 667 Saw Mill Brook Parkway offer some built-in elements, including a counter that can function equally well for a hair salon or a restaurant, as well as booths along the far wall. With a drop tile ceiling and polished concrete floors, this 5,000 square foot structure has suites of 1,300 square feet available for lease. Built in 1982, the building has been well maintained and features enormous display panes that are adjacent to a parking lot for easy access. The rent for this property is $2.50 per square foot per month.
The property at 23 Pleasant Street is near the epicenter of the city, and features 3,800 square feet of top tier commercial suites in a charmingly maintained building originally built in 1910. The interiors have been outfitted with carpeted floors and are lit with freshly installed skylights that create a vibrant environment perfect for almost any business configuration. Suites of 460 square feet are available. The rent for this structure is $2.67 a square foot per month.
Meanwhile, the property at 1330 Centre Street has 5,000 square feet of commercial suites in the heart of town near the lake. With suites of 1,696 square feet available, this property is 0.3 miles from the Newton Centre Station, and 12.6 miles from Logan International Airport. The rent for this property is $1.62 a square foot per month.
Real Estate News
With its mixture of meticulously restored historic buildings and repurposed commercial suites, this town has always been a center for innovative development projects, stretching back several centuries. What’s notable about the recent wave of developments are how specific the industries are, making the case that this city will continue to develop large structures that can house medical, biotech, and other corporate facilities.
However, in addition to remaining open to new corporate developments, the city is also investigating options to redevelop the Washington Street Corridor into a more pedestrian and therefore commercial friendly area. The Washington Street Corridor serves as one of the town’s central business districts. Currently, many residents feel that the area has too many speeding vehicles and not enough room for relaxing on the sidewalks or having a quiet evening out at a restaurant. The city council has responded by proposing a plan that would reduce the overall lane size through the area, thereby increasing the number of pedestrians, bicyclists, and public transit riders. The proposal would transform the center lane into either a turn lane or a median filled with trees and other landscape elements. This plan would also increase the footprint of retail in order to provide more room for additional businesses and creative enterprises.
Part of this plan involves the approval of the Orr block, which consists of three buildings on Washington Street. The buildings will be redeveloped into 40,000 square feet of commercial suites, with 160 residential units. The hope is to add and expand to the existing commercial potential of West Newton, transforming a promise into a solid delivery. Improvements to the commuter rail line have also been proposed, with many people in the community noting that better public transit will only increase the value of this stretch of commercial properties.
If home prices are any indication, the city is already experiencing the effects of the recent wave of growth. A 3,665 square foot 13 room Victorian mansion at 72 Highland Street recently was placed on the market for $1,495,000, or $407.91 per square foot. Although this is not the priciest property in the greater Boston area, it is indicative of how valuable the city has become. Many neighborhoods that are closer in distance to Boston do not have property values that are this high. Another Victorian property located at 74 Ober Road listed its 2,003 square feet at $950,000, or $474.29 per square foot.
In February 2018, it was announced that a financing company had provided $19,100,000 for investment in a memory care facility to be built in the former Farwell Building on Andover Newton Theological School’s campus. The building occupies a site of 1.5 acres, and will soon be host to a 61 unit health-care intensive structure. The project will eventually hold 54,750 square feet of total area. Although no specific commercial suites have been highlighted in the project proposal, the building may eventually carve out a few units for such a purpose.
Sign Up Benefits
As the greater Boston metropolitan area continues to simmer with escalating property values, both commercial and residential, finding great deals in the perfect locations has become more of a challenge. However, it doesn’t have to be difficult. By signing up for our viewing service, our clients avoid the time consuming process of searching for the details of a property they want to see. Instead, we take care of all the logistical hassles of lining up appointments and coordinating meetings. With our service, the time between seeing a property and signing the lease is a very short one.
We accomplish this in two ways; first, we get to know our clients. What kinds of commercial properties are you seeking? How big is your organization or business? Do you need certain amenities, such as loading docks or basement storage? Do you want a ground floor commercial suite in a densely walked part of town, or would you prefer a massive unit in a complex that has an onsite parking lot? How important is public transit to your business? How close do you want to be to the Interstate? How many square feet do you need for the display of your goods? What types of floor plans would make the most sense for you? Do you have a preference for covered entryways, or would you prefer a lobby with a gleaming, polished floor?
Once we understand what your needs are, we can start matching you with ideal properties. We investigate the listing in terms of its lease terms, the practicality of building the suite out or adapting to existing onsite features, and any notes we may have on the actions of the owner or lease holder. Once we have this information, we are able to rapidly create an itinerary that is logistically sound and organized to make the most of your time. Instead of starting at one end of town and having to waste time shuttling from point to point, we make sure that your itinerary of appointments progresses as reasonably as possible, with a minimum amount of time spent journeying from destinations.
Our extensive network of contacts makes it easy for us to quickly arrange viewings with brokers and other agents who we’ve worked with in the past. Our knowledge, compiled over years of working within the commercial real estate market, sometimes allows us to show our clients properties that have not yet been officially placed on the market. Our clients not only benefit from fast, professional service, but also our ability to stay ahead of the crowd.
By signing up with our viewing service, our clients will be able to secure the best properties on a timeline that makes sense for them. Whether you are seeking a long term lease or an occupancy in a top tier development that hasn’t broken ground yet, we can help arrange meetings that will foster those connections, and help you move into a property you’ll relish for years to come. We are actively monitoring the market for new listings in this city, and are pleased to be able to offer our clients the most up-to-date information in the business.
Why Newton, MA is the Right Location for Your Retail Space
Before you select the place where your business should be, you should first know the type of retail space you need. A suburban city that is a part of the Middlesex County in Massachusetts, Newton has plenty of units to offer for people searching for commercial properties.
Why Choose This Area
One of the biggest reasons why you may want to consider this city for your store is its excellent location. It is just seven miles away from downtown Boston and is surrounded by other Boston neighborhoods, including West Roxbury, Brookline, Waltham, and Brighton. Other communities nearby are Watertown, Needham, and Wellesley.
Another thing that you may find useful is that it has a set of thirteen villages, despite not having one city center. It is the 11th largest city in the whole state of Massachusetts, which gives you plenty of land area to work on as you search for the right place for your shop.
Lease a Unit
The city has plenty of units to offer for any store. You can find here a wide selection of properties, including warehouse, office, distribution, and industrial parks among others. Whether you want one unit that is zoned explicitly for stores or you want a flexible property, you will undoubtedly find it here. Several neighborhoods can provide you with options in this big city.
Some of the villages here even have their small downtown areas where you can find sites that are suitable for the business you run. Some of the best options in this city are the Highlands, Lower Falls, Upper Falls, Nonantum, Chestnut Hill, Auburndale, and the city center. These mentioned areas have the highest appreciating values of properties, which can be useful if you plan to purchase a unit.
However, if you are looking to lease, your best options include the western part of the city, Thompsonville, Waban, and Oak Hill. Many of the buildings here have been well-maintained with two stories at least. They typically have open floor plans, which can be effective for you since they can suit any configuration of stores.
Whether you are searching for a unit that is just right for a small pop-up store or you want something that can accommodate your extensive list of clients, you can find what you need in this city. It has buildings that are quite artful, historic, and classy, while there are also others that are ultra-modern that can benefit your business.
Rents in this city depend on a lot of things. However, you will normally find properties that ask for at least $4.30 per square foot per month. If the building is class A, the price can range from $15 to $35 per square foot per month. Class C properties can provide you with more room for a lower price, which can be anywhere from $0.85 to $2.50 per square foot per month.
Buy a Property for Your Business
Many of the units in the city are looking for buyers. If you choose to buy, however, it may be a great idea to look at the places mentioned above with high appreciation. You may also want to consider other qualities of the unit, including its features, amenities, and proximity to the highway or transport options.
As a store owner, you know that your business should be situated in a place that has heavy traffic. Thankfully, many of the neighborhoods in Newton offer easy access to the highway, and the areas typically have high foot and vehicle traffic. Commercial properties are usually priced around $500,000+ for a 3,000 square foot unit. Some are more expensive, but they often have more features and are conveniently located near high traffic areas.
List Your Retail Space Today
It goes without saying that you want businesspeople to find your property in this city. Whether you are selling or leasing the unit, you want it to be filled quickly. You can accomplish this goal if you list your property right away. The right avenue for your property listing is in the online world, specifically on this website.
We have a broad reach, and we target people, companies, and brands searching for a building or unit in Boston and the surrounding areas, including this city. It does not matter whether you have a kitchen, bar, showroom, warehouse, or office. You list the property with us, and potential lessees or buyers will soon contact you. You can connect with them and strike a deal that will help you get more profits.
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Retail Space