1900 Commonwealth Avenue, Newton MA

BROCHURE

AGREEMENT

Executive Summary

Colliers International is pleased to offer for sale 1900 Commonwealth Avenue, a prime, one (1) plus acre opportunity ideal for an educational or religious institution or redevelopment The site is located on Route 30 in the City of Newton, one of Boston’s most sought-after suburban submarkets. Currently the offering includes a 14,050 SF brick church formerly operated as the Church of Messiah, and hosts an expansive sanctuary, stained glass, and ample parking. This investment opportunity is offered for sale on an unpriced basis. We will conduct tours over the next several weeks with a call for offers to follow.

INVESTMENT HIGHLIGHTS

Ideal Location
Redevelopment Opportunity with Cash Flow
Strong Market Dynamics
Strength in Education

Ideal Location

1900 Commonwealth Ave is positioned along Route 30 in Newton, one of MA’s most sought-after suburban towns. Accessible by the Commuter Line, as well as Route 30 and Interstate 90, the site provides a community setting with convenience to urban amenities. 1900 Commonwealth Ave is positioned minutes from a myriad of shopping and entertainment destinations including the Shops at Chestnut Hill Square, Newton Centre, Star Market, Boston Sports Club, West Newton Cinema, Trader Joe’s, and numerous country clubs.

 

 

Redevelopment Opportunity with Cash Flow

1900 Commonwealth Ave is an ideal for a religious or educational institution or owner/occupier. The property provides a one (1) plus acre redevelopment site, with a NNN tenant. The existing cash flow allows for the collection of revenue through 2019, which provides flexibility for a potential redevelopment during the zoning process.

Strong Market Dynamics

Arguably one of the most sought after suburban residential markets in the Greater Boston area, Newton consistently boasts some of the highest home prices in the state. With limited new supply, home prices have increased 10% between 2015 and 2016 YTD.

Strength in Education

Newton consistently ranks in the top 10 best public schools in the state, with graduation rates at 98.1%. Colleges & universities located within Newton and the Greater Newton area include: Lasell College, Boston College, Brandeis University, Bentley University, Babson College, and Mount Ida College, all within a ten minute drive to 1900 Commonwealth Ave.

THE NEIGHBORHOOD

1900 Commonwealth Avenue, Newton MA
Newton is frequently voted a top 10 best community to live in.
Distance from Employment Drivers

Distance from Employment Drivers

 

  • To Downtown Boston:

11.5 miles

 

  • To Longwood Medical Area:

8.9 miles

 

  • To Needham’s Third Street:

5.5 miles

  • To Bentley University:

3.8 miles

 

  • To Waltham:

2.9 miles

Access to Transportation

Access to Transportation

 

  • To Route 9:

2.6 miles

 

  • To Riverside MBTA Green Line Station:

1.3 miles

 

  • To I-90 Access:

0.6 miles

 

  • To Auburndale MBTA Commuter Rail:

0.4 miles

PHOTOS

CONTACT US

MULTI-FAMILY

INVESTMENT SALES

TEAM LEADER

FINANCING

Christopher Sower

617-330-8141

 

Jen Price

617-330-8043

 

Jonathan Bryant

617-330-8081

 

Maggie Collins

617-330-8013

James Elcock

617-330-8020

SUBURBAN

Timothy O’Brien

617-330-8172

Kevin Phelan

617-330-8050

 

Adam Coppola

617-330-8039

1900 Commonwealth Avenue, Newton MA

Colliers International

160 Federal Street, Boston MA 02110

(T) +1 617 330 8000 | (F) +1 617 330 8127 | colliers.com

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