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First-Floor Office Suite with Offices
For Lease
$25 SF/Yr

400 Hillside Av #11, Needham, MA 02494

First-floor suite with multiple offices and reception area on a gross lease, with ample on-site parking.

Space SizeContact for details
Property Size770 SF
Days on Market69

Property Features for 400 Hillside Av #11

General Information

Standard status Active
Size 770 SF
Zoning Office

Taxes and HOA fees

Annual Taxes $999

Building Details

Building Size 770 SF
Year Built 1983
Listing Agency: CRG Commercial
Listed By: John Nachtwey
Source: 413realestate
Added: Jun 5 Changed: Aug 8 Last Checked: Aug 12 at 3:32AM

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 CRG Commercial

Investment Insights

Based on property information with market context.

This 1st-floor office suite includes six offices plus a reception area, providing a straightforward layout for a range of professional uses. The space is also described as capable of being subdivided into a single-room office configuration for flexibility depending on tenant needs.

The property is located at 400 Hillside Av, #11 in Needham, MA. Leasing is on a gross basis, and the building offers ample on-site parking for occupants and visitors.

The suite is a practical fit for professional tenants looking for an established, office-forward configuration with multiple rooms and a reception area. Because the lease is structured as gross, tenants can anticipate a more inclusive approach to occupancy costs, and the available parking helps support everyday client and staff access. A two-year minimum lease term applies.

Key Highlights

  • First‑floor office suite with 6 offices plus reception area
  • Suite can be subdivided into a single‑room office for $1,000
  • Gross lease structure; all rents are on a gross lease

Property Analytics

Current Use

School Search High School Tanya Gurevich Foster Care Service Evan Bruce Gold Ophthalmologist Heather Larkin, LMHC Counselor Counseling | Coaching Counselor

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Carpet & Flooring Store Grocery & Convenience Store Home Appliance Store Tech Support Center

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

801
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

Lease Benchmarks for Needham, MA

$30.65 /SF/Yr
Avg Asking Price
$22.8–$72 /SF/Yr
Price Range
3,942 SF
Avg Space Size

This space is priced 18% below the average of $30.65 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - First-floor suite with multiple offices and reception area on a gross lease, with ample on-site parking.
Where is this office units located?
The property is located at 400 Hillside Av #11 Needham, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: First‑floor office suite with 6 offices plus reception area; Suite can be subdivided into a single‑room office for $1,000; Gross lease structure; all rents are on a gross lease
More about this property
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