50 Central Ave, Needham Heights, MA

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4,700 SF retail/office building with redevelopment potential in Needham.

Type:OFFICE

Property size:

4,700 SF

Lot size:

0.75 Acres

HighLights

Approved permits for an 18‑unit mixed‑use project (15 residential, 3 commercial) offer immediate redevelopment potential.
Located in a highly desirable MetroWest Boston suburban market with strong demographics and limited multifamily supply.
Existing 4,700 SF retail/office building suitable for owner‑user or multi‑tenant configuration.
Large 32,016 SF lot (0.96 acres) provides ample parking and development flexibility.
Excellent access to I‑95/Route 128, the Massachusetts Turnpike (I‑90), and public transportation (Needham Heights Commuter Rail).
Opportunity for an owner‑user to control their real estate and stop paying rent.

We can help!

Listing Contact

Tyler J. Capecci

For Sale

Contact for pricing

4,700 SF retail/office building with redevelopment potential in Needham.

Type:OFFICE

Property size:

4,700 SF

Lot size:

0.75 Acres

Added:: Oct 24, 2025
Days on Market:: 234
Last Refresh:: May 20 at 8:11 pm

Property Features for 50 Central Ave

General Information

Standard status: Active
Size: 4,700 SF
Lot size: 0.75 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Tyler J. Capecci

Listing agent Tyler J. Capecci License #9089542-RE-B

Listing office 128 CRE

Listing date Oct 24, 2025

Source Moodyscre

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All listing content including descriptions, pricing, images are the copyrighted material of 128 CRE

HighLights

Approved permits for an 18‑unit mixed‑use project (15 residential, 3 commercial) offer immediate redevelopment potential.
Located in a highly desirable MetroWest Boston suburban market with strong demographics and limited multifamily supply.
Existing 4,700 SF retail/office building suitable for owner‑user or multi‑tenant configuration.
Large 32,016 SF lot (0.96 acres) provides ample parking and development flexibility.
Excellent access to I‑95/Route 128, the Massachusetts Turnpike (I‑90), and public transportation (Needham Heights Commuter Rail).
Opportunity for an owner‑user to control their real estate and stop paying rent.

Overview

Located in Needham, Massachusetts, the property at 40-50 Central Street features a 4,700 square foot retail/office building on a 32,016 square foot lot, equivalent to 0.96 acres. This property presents opportunities for owner-users, investors, or developers in the MetroWest Boston suburban market. The existing two-story building is suitable for various commercial uses and offers redevelopment potential. Permits have been approved for an 18-unit mixed-use project, including 15 residential units (three affordable) and 3 commercial retail units, providing an option for entitled development or alternative strategies. The property is also suitable for an owner-user aiming to control their real estate or as a multi-tenant building with ample parking, accommodating flex and professional uses. Situated near Needham Center, the property provides access to I-95/Route 128, the Massachusetts Turnpike (I-90), and public transportation via the Needham Heights Commuter Rail Station. The location benefits from strong demographics, limited new multifamily supply, and consistent demand, making it a centrally located property in a sought-after suburban submarket west of Boston.

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Local Demand

City: Needham Heights
County: Norfolk
State: Massachusetts
Longitude: -71.2284
Latitude: 42.3112

What type of property is this?

Mixed-use property - 4,700 SF retail/office building with redevelopment potential in Needham.

Where is this mixed-use property located?

The property is located at 50 Central Ave Needham Heights, MA.

What are key features of this property?

This property features: Approved permits for an 18‑unit mixed‑use project (15 residential, 3 commercial) offer immediate redevelopment potential.; Located in a highly desirable MetroWest Boston suburban market with strong demographics and limited multifamily supply.; Existing 4,700 SF retail/office building suitable for owner‑user or multi‑tenant configuration.