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Commercial Space with Garage
For Lease
$10,000/Mo

29 Franklin St, Needham, MA 02494

Commercial space suitable for cannabis establishment with garage.

Days on Market99

Property Features for 29 Franklin St

General Information

Standard status Active

Building Details

Year Built 1955
Listing Agency: Coldwell Banker Realty - Westwood
Listed By: Kristen Meleedy
Source: Liongatere
Added: Apr 25 Changed: Jul 10 Last Checked: Aug 1 at 4:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Westwood

Investment Insights

Based on property information with market context.

This commercial space, previously used as a cannabis establishment, features a private front entrance with a seating area and two bathrooms. The layout includes a waiting area that opens into a large open area equipped with countertops and desks. A hallway from this area leads to a kitchen and three private offices, further connecting to a common area with a supply closet and access to an industrial-size garage. The garage can be leased separately from the office area. Parking is available directly outside the building. The property is located in a desirable location with easy access to the highway, 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.

Key Highlights

  • Desirable location with easy highway access.
  • Large open area suitable for various business needs.
  • Includes three private offices, kitchen, and waiting area.

Property Analytics

Current Use

Sira Naturals Needham ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Pharmacy Nail Salon Food Market Grocery & Convenience Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,151
Businesses Nearby

Demographics for 02494, MA

10,732
Population
4,254
Households
2.5
Avg Household Size
43
Median Age
75%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
3,833
Density / Sq Mi
$173,750
Median Household Income
$92,148
Median Earnings
$2,452
Median Rent
$1,052,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Cannabis property - Commercial space suitable for cannabis establishment with garage.
Where is this cannabis property located?
The property is located at 29 Franklin St Needham, MA.
What is the lease rate?
The lease rate is $10,000 /Mo.
What are key features of this property?
This property features: Desirable location with easy highway access.; Large open area suitable for various business needs.; Includes **three private offices, kitchen, and waiting area.**
More about this property
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