Office Space
120 Wells Avenue Newton, MA 02459
Details & Description
Call for Pricing
    128 CRE is pleased to present 120 Wells Avenue in Newton, MA a rare opportunity to own or lease one of the premier boutique office buildings in the Central 128 suburban market. The approximately 15,000 SF office building has high end finishes throughout, sits on 1.15 acres of beautifully maintained grounds, and includes a healthy parking ratio as well as covered parking. 120 Wells Avenue is currently owner-occupied, and represents a rare buying opportunity for the next owner-user. Given the flexible floor plans, the building is well suited for an owner-user interested in occupying either a portion or the entire building. There are several TAW’s in place, giving buyers the opportunity to further stabilize the building if only partial occupancy is needed.The Wells Avenue Office Park is located just minutes from Interstate 95/Route 128 access via the newly completed Kendrick Street exit. Amenities in the area include several hotels which provide conference and dining accommodations and a variety of restaurant, retail and banking services.128 CRE is offering 120 Wells Ave for sale or lease. We will be conducting tours in the coming weeks and accepting offers on a rolling basis.
    Additional Photos
    Listing Agents
    Jeremy Freid

    O: 617-916-1028
    M: 617-959-1319
    jeremyf@128cre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    120 Wells Avenue

    Newton, MA 02459

    Listing ID: 208663
    • 120 Wells Avenue Newton, MA 02459 | for Sale | Photo 1
    • 120 Wells Avenue Newton, MA 02459 | for Sale | Photo 2
    • 120 Wells Avenue Newton, MA 02459 | for Sale | Photo 3
    • 120 Wells Avenue Newton, MA 02459 | for Sale | Photo 4
    120 Wells Avenue | for Sale | Thumbnail 1
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    Building Size: 14,800 SF
    Lot Size: 1.150 AC
    Land Size: 50,010 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    128 CRE is pleased to present 120 Wells Avenue in Newton, MA a rare opportunity to own or lease one of the premier boutique office buildings in the Central 128 suburban market. The approximately 15,000 SF office building has high end finishes throughout, sits on 1.15 acres of beautifully maintained grounds, and includes a healthy parking ratio as well as covered parking. 120 Wells Avenue is currently owner-occupied, and represents a rare buying opportunity for the next owner-user. Given the flexible floor plans, the building is well suited for an owner-user interested in occupying either a portion or the entire building. There are several TAW’s in place, giving buyers the opportunity to further stabilize the building if only partial occupancy is needed.

    The Wells Avenue Office Park is located just minutes from Interstate 95/Route 128 access via the newly completed Kendrick Street exit. Amenities in the area include several hotels which provide conference and dining accommodations and a variety of restaurant, retail and banking services.

    128 CRE is offering 120 Wells Ave for sale or lease. We will be conducting tours in the coming weeks and accepting offers on a rolling basis.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Boston History of Office Space for Sale

    Newton Area Market Trends

    Listing Demographics for 120 Wells Avenue Newton, MA 02459

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population6,447104,890370,954
    Population Median Age414139
    Population by Age0-9 Yrs620 (9%)12358 (11%)38619 (10%)
    10-19 Yrs1308 (20%)14159 (13%)45728 (12%)
    20-29 Yrs479 (7%)9362 (8%)60840 (16%)
    30-39 Yrs470 (7%)12055 (11%)50611 (13%)
    40-49 Yrs908 (14%)13953 (13%)45908 (12%)
    50-59 Yrs938 (14%)15087 (14%)47394 (12%)
    60-69 Yrs838 (12%)13740 (13%)40093 (10%)
    70+ Yrs887 (13%)14176 (13%)41761 (11%)
    Median HH Income$181,012$132,852$109,485
    Total Household Income< 24K172 (8%)3744 (9%)18357 (13%)
    25-49K155 (7%)3753 (9%)15271 (10%)
    50-74K147 (7%)3718 (9%)16403 (11%)
    75-99K108 (5%)3284 (8%)14494 (10%)
    100-199K553 (26%)12579 (32%)42759 (30%)
    200K+929 (45%)12067 (30%)32550 (23%)
    Highest Education LevelNo Diploma85222613678
    Diploma or GED313847133026
    Some College309701328054
    Assoc. Degree164348611618
    Bachelors Degree12662114575923
    Higher Degree19763160596008
    Total Housing Units2,15141,379147,800
    --Owner-Occupied1,90629,67283,094
    --Renter-Occupied1589,47256,740
    Owner-Occupied Values< 100K204321235
    100-199K16274903
    200-299K118843786
    300-399K4621478971
    400-499K61311811055
    500K+17522281757145
    Total Working Age Population5,21784,766307,299
    In Work Force3,36855,858211,772
    Not In Work Force1,84828,90895,527
    Workforce Employed3,23453,852202,949
    Workforce Unemployed1331,9188,685
    Civlian Workforce3,36755,770211,634
    Military Workforce188138
    Total Households2,06439,144139,833
    Family Households1,71827,22685,650
    Non-Family Households34611,91854,183
    Married Couple1,53523,29667,506
    Other Family1833,92918,143
    Married w/Child73610,40629,749
    Single Male w/Child214681,603
    Single Female w/Child511,5786,659

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Massachusetts6,349,097+36,547,629+66,933,887+47,225,472
    Middlesex County1,465,396+31,503,085+71,613,961+51,686,641
    Norfolk County650,308+3670,850+7718,394+7765,912
    Suffolk County689,807+5722,023+14821,840+10900,586

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Office property in Newton, MA?
    The size of the building/unit at 120 Wells Avenue in Newton is 14,800 square feet
    How much land does the Newton, MA property at 120 Wells Avenue include?
    120 Wells Avenue in Newton includes 1.150 acres of land
    What kind of Office is the propery at 120 Wells Avenue?
    The property at 120 Wells Avenue Newton, MA 02459 is listed as a Professional Office property
    What is the population within 1 mile of 120 Wells Avenue in Newton?
    The population within 1 mile of 120 Wells Avenue Newton, MA 02459 is 6,447 people.
    Who do I contact for questions about 120 Wells Avenue?
    You should contact the listing agent, Jeremy Freid, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    General Edward Lawrence Logan International Airport (BOS) 11
    Theodore Francis Green State Airport (PVD) 40
    Manchester-Boston Regional Airport (MHT) 46