INNOVATE Real Estate
Commercial Sale at 1298-1308 Washington Street, Newton MA 02465, Newton
Commercial Sale at 1298-1308 Washington Street, Newton MA 02465, Newton, photo 2 of 3
Commercial Sale at 1298-1308 Washington Street, Newton MA 02465, Newton, photo 3 of 3
3 photos

$3,200,000

1298-1308 Washington Street, Newton MA 02465
Newton, MA 02465
Listed by Kevin Benzinger
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1910

About this home

Boston Realty Advisors is pleased to present the unique opportunity to acquire a fully stabilized retail asset in West Newton, MA which consists of +/-5,000 SF of street level space at the entry to the West Newton Cinema. The property consists of two spaces which are leased to long term tenants offering investors stable income. The property benefits from being at the entrance to the West Newton Cinema, undergoing a renovation, and within the path of progress in Newton - with over 350 residential units being constructed in the immediate area. The property offers a rare combination of established street presence and immediate availability, making it an ideal opportunity for owner-users or investors seeking to reimagine a best-in-class retail asset.

Property details

MLS #
73499784
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
182
On market date
April 10, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.11 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Peirce
0.55 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
238
Student:teacher ratio
11.3:1
District
Newton
Middle
F A Day Middle
0.93 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
934
Student:teacher ratio
10.6:1
District
Newton
High
Newton North High
1 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,098
Student:teacher ratio
10.9:1
District
Newton

Walkability

Blended score for Newton's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

88
Highly walkable
out of 100
EPA National Walkability Index
16.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks12
Schools20
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Newton, from live MLS data.

On the market 182 days -- 85 more days than Newton's current average of 97 days.
For reference, the median list price across 846 active listings in Newton right now is $952,500.

Mortgage calculator

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Est. monthly payment
$19,421/mo
$640,000 down
$2,560,000 loan
Principal & interest$16,604
Property tax (est.)$2,667
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.