400 Centre Street — Sale in Newton, MA

  • Price: $190K
  • Listing type: For sale
  • Asset type: Office
  • Location: Newton, MA 02458
  • Year built: 1986

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Description

JLL has been exclusively retained to market 400 Centre Street, a three-story building situated on a ±1.1-acre site in Newton, Massachusetts. Located approximately 10 miles west of Boston with prominent Massachusetts Turnpike visibility (150,000+ vehicles per day), the Property presents a prime repositioning opportunity with the ability to re-tenant, reposition, or scrape and build new, offering multiple paths to upside. The Property has seamless connectivity to Boston's CBD, the western suburbs, and Logan International Airport and is further supported by MBTA Green Line service at Newton Centre and Boston College, as well as the Commuter Rail at Newtonville Station. The Property benefits from an irreplaceable Newton location within one of Greater Boston's most affluent communities (average household income of $190,000), surrounded by world-class healthcare anchors including Newton-Wellesley Hospital and Boston Children's Hospital, alongside premier academic institutions such as Harvard, MIT, and Boston College. This institutional density creates structurally resilient, multi-sector demand from healthcare, life sciences, and professional services tenants. The site offers meaningful alternative use optionality, providing new ownership with strategic flexibility for value creation in one of the region's premier suburban markets.

Market Context

This office in Newton, MA is listed for sale at $190,000. The building dates to 1986. Compare it against other office listings for sale in Newton, MA — view the full market.

As of Q2 2026, the Boston office market showed average asking rents near $46.99/SF/yr, and rents up 2.7% year over year. Source: multiple brokerage reports, Q2 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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