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    29 Franklin St Needham, MA 02494

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    For Lease
    $10,000 /Mo

    Retail/flex space with garage, suitable for various commercial uses.

    Lot size:
    0.20 Acres

    Property Features for 29 Franklin St

    General Information

    Lot size
    0.20 Acres

    Building Details

    Year built
    1955

    Source: Coldwell Banker Realty - Westwood Agent Kristen Meleedy

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

    Overview

    Retail/Flex Space with Garage

    This property offers a desirable location with easy highway access. Previously used as a cannabis establishment, the space features a private front entrance with a seating area and two bathrooms. The waiting area leads to a large open area equipped with countertops and desks. A hallway connects this area to a kitchen and three private offices. Further down the hallway, there is a common area with a supply closet that opens to an industrial-size garage. The garage can be leased separately from the office area, subject to discussion. Parking is available directly outside the building. The property is located 0.06 miles from the Sheraton Boston Needham and 1.3 miles from the Needham Heights commuter rail. The zoning allows for commercial activities such as equipment rental and accessory retail sales, with potential for other uses like veterinary offices with a special permit. The listed price is for the building only; inquire for pricing including the garage.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sira Naturals Needham ... Cannabis Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Needham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2241539
    Latitude
    42.3054961

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    FAQs

    What type of property is this?
    Retail space - Retail/flex space with garage, suitable for various commercial uses.
    Where is this retail space located?
    The property is located at 29 Franklin St Needham, MA.
    What are key features of this property?
    This property features: - Desirable location with easy highway access.; - Includes a large open area with countertops and desks, three private offices, and a kitchen.; - Features a private front entrance with a seating area and two bathrooms.
    (774) 406-6533
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    29 Franklin St Needham, MA 02494
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    Needham, MA 02494
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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
    29 Franklin St Needham, MA 02494
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