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Freestanding Storefront Property
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315 Chestnut St, Needham, MA 02492

Retail and office space positioned near Beth Israel Deaconess Hospital–Needham and surrounding national and regional retailers.

Property Size6,230 SF
Days on Market217

Property Features for 315 Chestnut St

General Information

Standard status Active
Size 6,230 SF
Property subtype Office, Retail
Occupancy 100%
Investment Type Stabilized

Building Details

Buildings 1
Stories 2
Listing Agency: Freudenheim Partners
Listed By: Anthony W Biette · License #MA
Source: Crexi
Added: Jan 26 Changed: Aug 30 Last Checked: Aug 31 at 3:45AM

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 Freudenheim Partners

Investment Insights

Based on property information with market context.

This freestanding commercial property combines retail and office space within a 6,230-square-foot building at 315 Chestnut Street. Its storefront-oriented configuration supports a visible presence along a well-traveled commercial corridor in Needham.

The property is located near Beth Israel Deaconess Hospital–Needham and is surrounded by national and regional retailers. Daily traffic and the established Chestnut Street setting add practical exposure for retail and office users.

Key Highlights

  • 6,230‑square‑foot freestanding retail and office property
  • Located at 315 Chestnut Street in Needham, MA 02492
  • Near Beth Israel Deaconess Hospital–Needham

Property Analytics

Current Use

Kostas Pizza & Seafood Restaurant Nunes Trabucco Architects Architect

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Cafe & Coffee Shop Storage Facility Parking Lot & Garage Auto Repair 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.

Location Intelligence

Trade Area within ½ mile

1,310
Businesses Nearby
Under-served
Demand for This Use

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 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
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail and office space positioned near Beth Israel Deaconess Hospital–Needham and surrounding national and regional retailers.
Where is this storefront property located?
The property is located at 315 Chestnut St Needham, MA.
What are key features of this property?
This property features: 6,230‑square‑foot freestanding retail and office property; Located at 315 Chestnut Street in Needham, MA 02492; Near Beth Israel Deaconess Hospital–Needham
More about this property
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