135 Wells Ave, Newton

Commercial Property For Sale

EXECUTIVE SUMMARY

128 CRE is pleased to present an exciting opportunity to lease or purchase commercial real estate rarely found within the Central 128 Market; a +/- 60,754 square foot recreational use building on 6.34 acres of land. Located in the highly coveted Wells Avenue Business Park in Newton, Massachusetts, the building was initially built in the 1970s as a Tennis Club, and currently home to The Boston Sports Club, with a lease in place through February of 2023. The 6.34-acre site provides a myriad of repositioning opportunities including office, retail, medical, life science or biotech. This unique space with 30ft+ ceiling height and clear span sits within one of the strongest suburban sub-markets in New England. Keeping the existing building in place and utilizing its’ space creatively presents a quicker and easier path towards tenanting. The entrepreneurial nature of the ownership provides extreme flexibility to both tenants, developers, and owner-user buyers alike.

Located in the heart of the N2 Innovation District and positioned in one of the strongest suburban markets in New England, Wells Avenue Office Park is a master-planned one million square foot business park just minutes from Interstate 95/Route 128 access via the newly completed Kendrick Street exit. The office park is situated adjacent to the Charles River and the nearby Nahanton Park recreational trails. 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 135 Wells Ave for sale or lease, will be conducting tours in the coming weeks and will be accepting offers on a rolling basis.

135 Wells Ave
Newton, MA

  • Status:For Sale
  • Asset Type:Office, Retail, Medical, Lab, Flex
  • Property Address:135 Wells Ave
  • Newton, MA 02459
  • Building SF:60,754 SF
  • Lot SF:276,000 SF
  • Area Amenities:
  • Investment type: Owner User
  • Confidentiality Agreement:Required

Jeremy A. Freid, SIOR

Jeremy A. Freid, SIOR

jeremyf@128cre.com
O:  +1 (617) 916-1215
C:  +1 (617) 959-1319
Adam T. Meixner

Adam T. Meixner

adamm@128cre.com
O:  +1 (617) 916-5399
C:  +1 (617) 304-6611
Jordan B. Sneider

Jordan B. Sneider

jordans@128cre.com
O:  +1 (617) 916-5021
C:  +1 (617) 633-0909
Tyler J. Capecci

Tyler J. Capecci

tylerc@128cre.com
O:  +1 (617) 916-9237