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$2,505,000

  • Sold
  • Closed
  • Commercial
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A rare 26-unit redevelopment opportunity designed by one of Boston's most prominent architectural firms, The Architectural Team. This prestigious condominium project entailed obtaining approval for new Mixed Use 4 (MU-4) rezoning, reaching four stories in height, and achieves an impressive Floor Area Ratio [FAR] of 2.0 to present a highly desirable opportunity for Greater Boston's best developers. This transit-oriented property is located directly across the street from the "Newton Highlands" MBTA subway station. Phase one and two environmental phases are complete. Potential developers may customize the building and perform a few simple steps for schematic designs, final permits, and construction documents. Supplemental information is available.

Full Property Details for 1149-1151 Walnut St

General

  • Sold For: $2,505,000
  • Taxes: $28,606 (2022)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 73058359
  • Added to Site: 1, 173 day(s) ago

Location

  • County: Middlesex

Structural Information

  • Square Feet: 29,000
  • Year Built: 2023

Lot Features

  • Lot Size (Acres): 0.3

Financial Considerations

  • Tax Amount: $28,606.31
  • Tax Year: 2022

Disclosures and Reports

  • Disclosures/Rstr.: Photos are rendering from The Architectural Team for a proposed development. Two parcels approved for new MU4 zoning. Buyer and agent must perform own due diligence including seeking professional legal, engineering, and architectural guidance for verifying all information. Seen MLS#73058370 as well.

Listed by Gibson Sotheby's International Realty, Joseph Marini
Sold by Unlimited Sotheby's International Realty, Enrique Darer

Listing agent

— 1149-1151 Walnut St —

  • Joseph Marini

    Gibson Sotheby's International Realty

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NMLS#: 1598647

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Price & Sales History for 1149-1151 Walnut St

Date
Details
Price
Change
Source
3/31/2023
Sold
$2,505,000
0.2%
MLS
11/15/2022
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Gibson Sotheby's International Realty, Joseph Marini
Sold by Unlimited Sotheby's International Realty, Enrique Darer

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1149-1151 Walnut St, Newton, MA 02461 (MLS# 73058359) is a Commercial property that was sold at $2,505,000 on March 31, 2023. Want to learn more about 1149-1151 Walnut St? Do you have questions about finding other Commercial real estate for sale in Newton? You can browse all Newton real estate or contact a Coldwell Banker agent to request more information.