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    300 1St Ave Needham, MA 02494

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    For Lease
    $42 SF/Yr ($16,310 /Mo)

    Class A office building with renovated common areas and parking.

    Property size:
    4,660 SF
    Lot size:
    4,660 SF

    Property Features for 300 1St Ave

    General Information

    Standard status
    Active
    Size
    4,660 SF

    Building Details

    Year built
    1956

    Source: Commonwealth Commercial Advisors, Inc. Agent Stefan Frey

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

    Overview

    Class A Office Space Available

    This Class A office building features recently renovated common areas, including a WiFi lounge and fitness center. Structured parking is available, providing direct access to Route 128 via Highland Avenue and Kendrick Street. A 4660 square foot suite is currently available on the second floor. The property is suitable for office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotelrecovery Inc Home Health Care Service TopAir Systems Inc. Laboratory Equipment Supplier Deluxe Hotel Supply ... Hotel GoldMark Partners LLP Real Estate Attorney Farberware Licensing Co ... License Bureau

    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
    -71.2204241
    Latitude
    42.2992198

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    FAQs

    What type of property is this?
    Office building - Class A office building with renovated common areas and parking.
    Where is this office building located?
    The property is located at 300 1St Ave Needham, MA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: - Class A office building; - Direct access to RTE 128 via Highland Ave and Kendrick Street; - 4660 SF suite available on the second floor
    (617) 596-7833
    Request Owner's contact information
    300 1St Ave 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
    300 1St Ave Needham, MA 02494
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