Freestanding Street-Level Retail
For Lease
$60 SF/Yr
315-317 Chestnut St, Needham, MA 02492
Freestanding street-level retail with exclusive onsite parking and full basement, offered for lease or sale.
Space SizeContact for details
Days on Market599
Property Features for 315-317 Chestnut St
General Information
Standard status
Active
Property subtype
COMMERCIAL
Building Details
Year Built
1899
Listing Agency:
Eastern Land Company
(617) 286-3830
Listed By:
Stephen Pleines
Source:
Hillarybirchgroup
Added: Jan 1, 2025
Changed: Aug 21
Last Checked: Aug 23 at 7:52AM
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 Eastern Land Company
Investment Insights
Based on property information with market context.
Street-level commercial space is available in Downtown Needham in a freestanding building. The space offers approximately 1,200 SF and includes a full basement, providing additional usable area beyond the primary retail level. This configuration suits a wide range of neighborhood retail and service concepts that benefit from direct street access.
The property is located at 315–317 Chestnut St, positioned to serve the Downtown Needham commercial corridor. Exclusive parking is available onsite, which can simplify customer access and support day-to-day operations. The building’s retail-focused presentation and dedicated parking make it straightforward for tenants looking for a street-level presence.
For tenants, this offering provides a practical storefront format with the added flexibility of a basement space for storage, back-of-house use, or supporting operational needs. For buyers, the asset is also available for sale, with the same established retail use framework and onsite parking already in place. If you’re evaluating retail locations in Downtown Needham, this property’s freestanding layout and customer parking are key decision points.
The property is located at 315–317 Chestnut St, positioned to serve the Downtown Needham commercial corridor. Exclusive parking is available onsite, which can simplify customer access and support day-to-day operations. The building’s retail-focused presentation and dedicated parking make it straightforward for tenants looking for a street-level presence.
For tenants, this offering provides a practical storefront format with the added flexibility of a basement space for storage, back-of-house use, or supporting operational needs. For buyers, the asset is also available for sale, with the same established retail use framework and onsite parking already in place. If you’re evaluating retail locations in Downtown Needham, this property’s freestanding layout and customer parking are key decision points.
Key Highlights
- +/- 1,200 SF of street‑level commercial space in downtown Needham, MA
- Freestanding building with a full basement
- Year built: 1899
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$9.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 30%
Groceries 27%
Apparel 2%
McDonald's
Dining
18,059 visits/mo
0.0 miles
Roche Bros
Groceries
16,930 visits/mo
0.1 miles
Mobil
Shops & Services
12,586 visits/mo
0.5 miles
Dunkin' Donuts
Dining
4,947 visits/mo
0.1 miles
Citizens Bank
Shops & Services
4,116 visits/mo
0.5 miles
Demographics for 02492, MA
21,359
Population
7,500
Households
2.8
Avg Household Size
43
Median Age
84%
College-Educated
99%
High-School Grad
9.5 sq mi
ZIP Area
2,248
Density / Sq Mi
$222,063
Median Household Income
$96,040
Median Earnings
$2,256
Median Rent
$1,177,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding street-level retail with exclusive onsite parking and full basement, offered for lease or sale.
Where is this storefront property located?
The property is located at 315-317 Chestnut St Needham, MA.
What is the lease rate?
The lease rate is $60 SF/Yr.
What are key features of this property?
This property features: +/- 1,200 SF of street‑level commercial space in downtown Needham, MA; Freestanding building with a full basement; Year built: 1899
