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    55 Needham St Newton, MA 02461

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    For Lease
    Contact for pricing

    Retail space available in affluent Newton, Massachusetts.

    Property size:
    2,259 SF
    Lot size:
    1.33 Acres

    Property Features for 55 Needham St

    General Information

    Size
    2,259 SF
    Lot size
    1.33 Acres

    Source: Bierbrier Development Agent Brian Callahan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Newton, MA

    Needham Street Village Shops is a 19,000 square foot service and convenience center featuring contemporary design and streetscape visibility. It offers multiple access points and a parking ratio of 4:1. Located at the gateway to the Needham Street Retail Corridor, the property is positioned at the entry point to over 600,000 square feet of retail GLA, which includes national retailers such as TJ Maxx, Staples, Marshalls, Petco, and HomeGoods. The property is situated in Newton, Massachusetts, an affluent and densely populated community within Greater Boston, with a median household income of $164,226 and a 3-mile population of 116,503, in addition to a daytime population of 85,000. Available space is 2,259 square feet.
    Location Intelligence

    Current Use by Public Records

    AT&T Store Cell Phone Store B.GOOD Restaurant Needham Street Village ... Shopping Mall Deka Lash Eyelash Salon Restore Hyper Wellness Medical Spa

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Newton Nexus, The Shops at 300 Needham, Needham Street Village Shops, Home Design Place

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.210711
    Latitude
    42.3155026

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in affluent Newton, Massachusetts.
    Where is this shopping center located?
    The property is located at 55 Needham St Newton, MA.
    What are key features of this property?
    This property features: - Strongest 4:1 parking ratio in the market.; - Located at the gateway to the Needham Street Retail Corridor (over 600,000 sf of retail GLA).; - High visibility and multiple access points.
    (781) 706-7348
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    55 Needham St Newton, MA 02461
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    Newton, MA 02461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 Needham St Newton, MA 02461
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