For Sale
$739,000

655 Saw Mill Brook PkwyNewton, MA 02459

Prime Newton location, 1,962 SF, 13 parking spaces.

Overview

Added:
Dec 11, 2024
Days on market:
122
This exceptional investment opportunity presents a 1,962 square foot office/retail condo in Newton, Massachusetts, located at 655 Saw Mill Brook Pkwy, 02459. The property boasts a 5.41% capitalization rate and a strong net operating income (NOI) of $40,000, with 100% occupancy across its two tenants. Priced at $739,000 ($376.66 per square foot), this single-story, single-unit building offers a rare combination of features. The fully renovated interior features a flexible floor plan, multiple spacious corner offices, updated bathrooms, and a kitchen. A significant advantage is the ample on-site parking, with 13 off-street spaces, a rare find in this desirable location. The bright, first-floor end unit benefits from excellent natural light through numerous windows, providing high visibility and ideal signage opportunities. Its location adjacent to similar commercial condos further enhances its appeal. This property is suitable for a long-term investment or owner-occupancy for retail or office use. Potential buyers are advised to conduct their own due diligence regarding permitted uses and environmental factors. Further inquiries regarding environmental aspects are welcome.

Highlights

  • Excellent natural light through numerous windows.
  • Fully renovated interior with flexible floor plan.
  • Ample on-site parking (13 spaces).
  • Prime Newton, MA location (655 Saw Mill Brook Pkwy, 02459).

Property Details for 655 Saw Mill Brook Pkwy

Property type
Office properties
Square Feet
1,962 SF
Buildings
1
Stories
1
Units
1

Location Insight

City
Newton
County
Middlesex
State
Massachusetts
Latitude
42.291109315355
Longitude
-71.186613822213
655 Saw Mill Brook Pkwy, Newton, Massachusetts

FAQs

What type of property is this?
Office property - Prime Newton location, 1,962 SF, 13 parking spaces.
Where is the office property located?
The property is located at 655 Saw Mill Brook Pkwy Newton, MA.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Excellent natural light through numerous windows.; Fully renovated interior with flexible floor plan.; Ample on-site parking (13 spaces).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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655 Saw Mill Brook Pkwy
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