Price Reduced 8.50%

$2,195,000 ($573.41 per sqft)

Est. Mortgage $10,670/mo *

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692 High Street, Westwood, MA, 02052

692 High Street, Westwood, MA, 02052
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12 rooms

0 beds

3 Half baths

1965

3,828 sqft

Dream opportunity to create a luxury apartment upstairs & live above your retail space or develop residential above commercial (buyer to verify). First offering of one of Westwood's premier properties in new overlay district on one of the most desirable 10,000 sf corner lots in Westwood's town center. This is an ideal location with excellent off-street parking and easy access to I-95/Rt-128. Existing two-story brick building containing 3,828 square feet of retail office space plus large basement. Surrounded by local & national tenants, as well as, some of the area's most luxurious homes. Currently NNN leased to a national tenant thru September 2025 at over $162,000 NNN, offering a great opportunity for in-place strong returns while positioning the property for future use or development (buyer to verify). Overlay zoning requires commercial on the first floor and may allow residential above with a special permit (as lot is under 1 acre). Dream location. No representations made.

Status:

Active

Type:

Multi-family

Units:

2

Zoning:

ask

Basement:

Unfinished

Levels:

3

Parking:

10-car, Paved Drive, Off Street

Acreage:

0.24

Est. Taxes:

$18,431

Assessment

$746,800

Lot Description:

Corner Lot

Amenities:

Shopping, Highway Access

MLS #:

73295233

Facilitator Compensation:

2.0%

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Todd Glaskin, Coldwell Banker Realty - Newton Phone: 617-969-2447