Side loading accessSeparate rear entranceLarge flex spaceTwo bathrooms
Rare mixed-use investment opportunity in the heart of Newton's thriving business district. This fully upgraded 6,300+ sq ft building offers a clear path to value with commercial use on the first floor and residential conversion potential on the second and third floors. With over $1M in capital improvements completed, the heavy lifting is done allowing investors, developers, or owner users to focus on repositioning and income potential. The third floor already includes a full kitchen, full bath, and large flex space, ideal for a one-bedroom unit or owner's suite. The second floor features an open layout, two bathrooms, utility/storage areas, and a separate rear entrance, supporting potential for multiple residential units. The first floor remains commercial and includes a reception area, secure vestibule with two-door man trap, half bath, and side loading access, well suited for medical, professional office, retail, or restaurant use. Currently outfitted as a secure data center with cooling, fiber/data infrastructure, fire suppression, and advanced security. The basement provides additional storage and utility space. Walkable downtown location with direct access to municipal parking plus shops and restaurants. Close proximity to Starbucks, Chipotle, Five Guys, grocery, and major retailers including Walmart.
120 days
|
175
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4
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Zillow last checked:
Listing updated:
Listed by:
Rachel Bucci201-674-5216,
Exp Realty, Llc
Source: GSMLS,MLS#: 4022931
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 4
Heating
1 Unit, Electric, Natural Gas
Cooling
4+ Units, Central Air
Features
Flooring: Carpet, Vinyl-Linoleum
Doors: Max Door Height: 8
Basement: Yes,Finished,Full,Storage Space
Interior area
Total structure area: 6,300
Total interior livable area: 6,300 sqft
Property
Parking
Parking features: Off-Street Parking
Features
Stories: 3
Lot
Size: 2,613 Square Feet
Dimensions: 00000.062 AC.
Features: Business District
Details
Parcel number: 2815000080008000280000
Zoning description: T-6
Construction
Type & style
Home type: Apartment
Property subtype: Apartment
Attached to another structure: Yes
Materials
Brick/Block
Roof: Flat,Rubber
Condition
Year built: 1890
Utilities & green energy
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
Security: Fire Alarm, Smoke Detector(s), Fire Sprinkler System