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High-Visibility Retail Space
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148-166 Needham Street, Newton, MA 02464

Available space in a busy retail corridor with established co-tenancy, on-site parking, and access to I-95 and Route 9.

Space Size16,704 SF
Days on Market12

Property Features for 148-166 Needham Street

General Information

Standard status Active
Size 16,704 SF
Property subtype Retail

Spaces For Lease

at 148-166 Needham Street Contact us

#1

Size
16,704 SF
Availability
Active
Contact us
Listing Agency: Summit Realty Partners
Listed By: Chris McMahon · License #MA 9521925
Source: Crexi
Added: Sep 14 Changed: Sep 23 Last Checked: Sep 24 at 10:35AM

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 Summit Realty Partners

Investment Insights

Based on property information with market context.

The property offers 1,709 SF of retail space at 148-166 Needham Street, with a layout suited to retail, restaurant, service, and specialty uses. On-site parking supports customer access, while the surrounding center includes national and regional operators such as Trader Joe’s, HomeGoods, Michaels, Starbucks, Panera Bread, and McDonald’s.

Needham Street exposure reaches more than 30,000 vehicles per day. The property is positioned near Interstate 95 and Route 9 in Newton, within a densely populated area and an established shopping corridor. Existing neighboring businesses span grocery, dining, apparel, home goods, fitness, and convenience-oriented retail, creating a broad commercial setting for an incoming occupant.

Key Highlights

  • 1,709 SF of available retail space
  • More than 30,000 vehicles per day along Needham Street
  • On‑site parking supports customer access

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Food Market Pharmacy (Bike/Boat/Book/etc) Store Bakery Cafe & Coffee Shop

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

1,587
Businesses Nearby
218k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 38% Apparel 31% Dining 16% Home Improvements & Furnishings 13%
T.J. Maxx Apparel
45,110 visits/mo 0.1 miles
HomeGoods Home Improvements & Furnishings
27,618 visits/mo 0.2 miles
Michaels Shops & Services
23,306 visits/mo 0.2 miles
Sierra Apparel
22,919 visits/mo 0.1 miles
PetSmart Shops & Services
13,572 visits/mo 0.2 miles

Demographics for 02464, MA

3,193
Population
1,503
Households
2.1
Avg Household Size
42
Median Age
72%
College-Educated
97%
High-School Grad
0.6 sq mi
ZIP Area
5,322
Density / Sq Mi
$125,846
Median Household Income
$65,693
Median Earnings
$2,407
Median Rent
$899,300
Median Home Value

Market

Lease Benchmarks for Newton, MA

$36.86 /SF/Yr
Avg Asking Price
$30–$49 /SF/Yr
Price Range
2,485 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Available space in a busy retail corridor with established co-tenancy, on-site parking, and access to I-95 and Route 9.
Where is this retail space located?
The property is located at 148-166 Needham Street Newton, MA.
What are key features of this property?
This property features: 1,709 SF of available retail space; More than 30,000 vehicles per day along Needham Street; On‑site parking supports customer access
(781) 361-9025 Call to check price and availability
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