Versatile Commercial Space with
29 Franklin St, Needham, MA 02494
For Lease
$29 SF/Yr
Adaptable commercial space with office, retail, and industrial potential.
Space SizeContact for details
Days on Market228
Property Features for 29 Franklin St
General Information
Standard status
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
Coldwell Banker Realty - Westwood
(781) 320-0550
Listed By:
Kristen Meleedy
(774) 406-6533
Source:
Corcoran
Added: Mar 28
Changed: Aug 9
Last Checked: Aug 25 at 4:59AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial space offers a desirable location with convenient highway access. Previously used as a cannabis establishment, the property features a private front entrance that opens into a seating area with two bathrooms. The waiting area transitions into a large open space 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-sized 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 property offers a total size of 3635 square feet.
Key Highlights
- Desirable location with easy highway access.
- Large open area suitable for various business needs.
- Includes three private offices, kitchen, and common area.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,151
Businesses Nearby
92k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 28%
Office Supplies 25%
Dining 18%
Groceries 17%
Staples
Office Supplies
22,973 visits/mo
0.2 miles
Panera Bread
Dining
16,247 visits/mo
0.3 miles
Restaurant Depot
Groceries
15,528 visits/mo
0.3 miles
Speedway
Shops & Services
15,018 visits/mo
0.2 miles
Sheraton Boston Needham Hotel
Hotels & Casinos
6,467 visits/mo
0.3 miles
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
$1,052,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF/Yr for Retail space in Norfolk County, MA
Properties on Market for Retail space in Norfolk County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Adaptable commercial space with office, retail, and industrial potential.
Where is this retail space located?
The property is located at 29 Franklin St Needham, MA.
What is the lease rate?
The lease rate is $29 SF/Yr.
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 common area.**
