386-394 Watertown St Newton, MA ^$ 2,500,000

386-394 Watertown St

^$ 2,500,000

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386-394 Watertown St

Newton, MA, 02458

^$ 2,500,000

Studio Baths0.0

Monthly Estimate*

^$ 17,463

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Studio

Commercial Property for sale in Newton, MA

for $2,500,000. This building was built in 2020 on a lot size of 0.22.

Property has been approved by special permit (#210-17) for mixed-use development of 14,313 Square feet with a building height of three stories, incorporating nine residential units and 2,714 square feet of commercial space, not more than 16 on site parking stalls located below grade. Plans by Architect Ronald Jarek with MGD+ . The blend of residential and commercial spaces creates a dynamic environment, attracting a diverse range of occupants and businesses. At 14,313 square feet and three stories, the property provides ample space for both living and commercial activities, appealing to families, professionals, and businesses. Nine residential units can cater to a variety of housing needs, potentially attracting families, young professionals, or retirees. The 2,714 square feet of commercial space is ideal for retail, offices, or eateries, enhancing the area's economic activity.

Commercial Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,327

Style

Lot Size

0.22

Year Built

2020

Town/City

Newton

County/Region

Middlesex

MLS | Web ID

73186793

List By

Cindy Laughrea

Listing Agent

Engel & Volkers Wellesley

Broker

Affordability Calculator

$18,074

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: $611
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Newton, MA

Average List Price ^$874,857

Percent of Sale Price 65%

About Newton, MA

86,108 Population

3% Since 2002

^$130,037 Median Income

41.32 Median Age

34% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
12/12/2023	$2,500,000		Listed Price

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386-394 Watertown St, Newton, MA, 02458 is a Commercial Property for sale at $2,500,000 with a lot size of 0.22. 386-394 Watertown St is a studio with 0.0 baths and was built in 2020. The property's zip code is 02458 which is in Newton, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/4/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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386-394 Watertown St

Commercial Property for sale in Newton, MA

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