$20,859,000

Building for Sale: 233 Needham Street Newton, MA 02464 SOLD

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Walk Score
79
Selling Price: 20,859,000
Original List Price: 18,500,000
Sold at: 112.8% of list price
Sold Date: 05/01/2017
Type: Commercial
Lot Size: 1.00 acres
Year Built: 1988
Taxes Paid: $99
Area: Newton
County: Middlesex
MLS: 72109967
Status: Sold
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The offering is a rare opportunity to acquire a Class A mixed-use property located in Newton, Massachusetts. Known as "Paragon Towers" this iconic five-story 60,826 RSF building includes four floors of office above ground floor retail space. Currently 100% leased with a diverse, 16-tenant roster. There has been updates to the common areas, kitchen/lounge, on-site fitness center, and the structured covered garage. This location provides unmatched walk-able amenities and superior commuter accessibility. The combination of excellent schools, convenient public transportation, and abundant retail destinations make Newton one of the most desirable communities in Massachusetts. Recognized for its expanding infrastructure and close proximity to Boston, all within the N2 Innovation District, with an abundance of both emerging innovative companies, educational institutions, and established employers.

Lot & Building Features

Tax Year: 99
Taxes Paid: $99

Price History of 233 Needham Street, Newton, MA

Date Name Price Difference
01/18/2017 Listing Price $18,500,000.00 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map(s) 233 Needham Street, Newton, MA

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Jack Lister
REALTORĀ®
Direct: 617-438-2460
Office
368 Highland Ave, Davis Square
Somerville, MA 02144
617-776-3311
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Listing information courtesy of: Boston Realty Advisors

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©2019 MLS Property Information Network, Inc; The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.  New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. Maine Real Estate Information System, Inc. All Rights Reserved. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.

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