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Class A Office Space Available
For Lease
$42 SF/Yr

300 1st Ave, Needham, MA 02494

Class A office building with renovated common areas and parking.

Space SizeContact for details
Days on Market393

Property Features for 300 1st Ave

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $328,258

Building Details

Year Built 1956
Listing Agency: Commonwealth Commercial Advisors, Inc.
Listed By: Stefan Frey · License #9510730
Source: Corcoran
Added: Jul 16, 2025 Changed: Aug 8 Last Checked: Aug 9 at 7:55AM

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 Commonwealth Commercial Advisors, Inc.

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Class A office building
  • Direct access to RTE 128 via Highland Ave and Kendrick Street
  • 4660 SF suite available on the second floor

Property Analytics

Current Use

Hotelrecovery Inc Home Health Care Service TopAir Systems Inc. Production Facility Deluxe Hotel Supply ... Hotel & Motel GoldMark Partners LLP Law Firm Farberware Licensing Co ... Law Firm

Suggested Use

Top Pick Restaurant Dental Office Pharmacy Nail Salon Spa & Massage Center Food Market

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
$6.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,210
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

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
More about this property
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