Westwood MA Multi Family for Sale
$2,195,000
692 High Street Unit 692 Westwood, MA 02090
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1965
- Baths:
- 3.00
- MLS#:
- 73295233
ADDITIONAL INFORMATION
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.
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Westwood Real Estate
The median home value in Westwood, MA is $1,200,000. This is higher than the county median home value of $658,100. The national median home value is $338,100. The average price of homes sold in Westwood, MA is $1,200,000. Approximately 81.21% of Westwood homes are owned, compared to 13.35% rented, while 5.44% are vacant. Westwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Westwood real estate agent to arrange a tour today!
Westwood, Massachusetts has a population of 16,066. Westwood is more family-centric than the surrounding county with 42.74% of the households containing married families with children. The county average for households married with children is 36.79%.
The median household income in Westwood, Massachusetts is $171,071. The median household income for the surrounding county is $112,089 compared to the national median of $69,021. The median age of people living in Westwood is 44.4 years.
Westwood Weather
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 47.8 inches per year, with 47.1 inches of snow per year.