Pam Gilman - Coldwell Banker Residential Brokerage

1160 Beacon St, Newton, MA 02461

Commercial

$2,550,000
Price

1
Buildings
Commercial
Type of Comm.
20,000.00
Lot Size
Ideal Rarely available Prime Retail Strip on huge 20,000 sf lot with parking both in front and back on Beacon Street in Newton offered FOR SALE with two vacant spaces available for value-add investor or for owner-user! Great retail visibility with three prime spaces in the heart of Newton Four Corners (minutes to Newton Centre and Newton Highlands), strong rental history, surrounded by local restaurants, Dunkin Donuts, Walgreens, Whole Foods and More. Two vacant spaces available for value add lease or for owner -user. Left space is 1200 sf, right space just came available after long-term tenant and has 2500 sf. Middle space of approx 1500 sf is leased to respected Chinese Restaurant for several more years plus options (modified NNN lease - tenant pays share of real estate taxes). Excellent income and investment opportunity - Buyer to do their own due diligence regarding uses.
Open House
No scheduled Open Houses
Highlights
Lot Size: 20,000.00
Acres: 0.46
List Price: $2,550,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Stories: 1
Buildings: 1
Total Units: 3
Total Sq. Ft.: 5,298
Year Built: 1964
Approx. GLA: 5,298
MLS#: 72271942
 
 
Exterior
Acres: 0.46
Lot Size: 20,000.00
Parking Spaces: 15
Parking Features: Open, 11-20 Spaces
Location: Urban, Suburban, Central Business District
Utilities: Public Water, Public Sewer
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Exchange: No
Mill Rate: $21
Taxes: $29,718
Tax Year: 2018
Book/Page: 973/17
Sublet: No
Total Assesed Value: $1,441,200
Zone Description: Other (See Remarks)
 
Features
Retail Sq. Ft.: 5,298
Retail Units: 3
 
Additional
Disclosure Declaration: No
Disclosure: Square footages approximate. Ask re: AUL
For Lease: Yes
Lease Type: Triple Net Lease (NNN), Other (See Remarks)
Space Available: For Sale
Map
The listing office is Coldwell Banker Residential Brokerage - Newton - Centre St. and the listing agent is Todd Glaskin. 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 it's 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. The data was last modified on 4/26/2018 5:05:00 AM.
 
Pam Gilman
Pam Gilman
Coldwell Banker Residential Brokerage