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Retail Space in Service Center
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55 Needham St, Newton, MA 02461

Join a contemporary 19,000 SF service and convenience retail center with multiple access points and a 4:1 parking ratio.

Property Size2,259 SF
Days on Market479

Property Features for 55 Needham St

General Information

Standard status Active
Size 2,259 SF
Property subtype RETAIL
Listing Agency: Bierbrier Development
Listed By: Brian Callahan
Source: Moodyscre
Added: Apr 8, 2025 Changed: Jul 25 Last Checked: Jul 29 at 2:59PM

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 Bierbrier Development

Investment Insights

Based on property information with market context.

Needham Street Village Shops is a 19,000 SF service/convenience center featuring contemporary design and streetscape visibility. The center offers multiple access points and a strong 4:1 parking ratio.

Located at the gateway to the Needham Street Retail Corridor, the property serves as the entry point to more than 600,000 SF of retail GLA, with national retailers including TJ Maxx, Staples, Marshalls, Petco, and HomeGoods.

The available retail space is located at 55 Needham St, Newton, MA 02461.

Key Highlights

  • 19,000 SF service and convenience retail center with contemporary design
  • Multiple access points for convenient ingress and egress
  • 4:1 parking ratio highlighted as the strongest in the market

Property Analytics

Current Use

AT&T Store Mobile Phone Store B.GOOD Restaurant Needham Street Village ... Shopping Center & Mall Deka Lash Hair Salon Restore Hyper Wellness Spa & Massage Center

Suggested Use

Top Pick Food Market Grocery & Convenience Store Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,510
Businesses Nearby
218k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 38% Apparel 31% Dining 16% Home Improvements & Furnishings 13%
T.J. Maxx Apparel
45,110 visits/mo 0.2 miles
HomeGoods Home Improvements & Furnishings
27,618 visits/mo 0.3 miles
Michaels Shops & Services
23,306 visits/mo 0.3 miles
Sierra Apparel
22,919 visits/mo 0.2 miles
PetSmart Shops & Services
13,572 visits/mo 0.4 miles

Demographics for 02461, MA

7,430
Population
2,785
Households
2.7
Avg Household Size
44
Median Age
88%
College-Educated
97%
High-School Grad
1.5 sq mi
ZIP Area
4,953
Density / Sq Mi
$207,292
Median Household Income
$101,850
Median Earnings
$3,026
Median Rent
$1,154,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Newton Nexus — 165 Needham St, Newton, MA 02464
  • The Shops at 300 Needham — 300 Needham St, Newton, MA 02464
  • Needham Street Village Shops — 55 Needham St, Newton, MA 02461
  • Home Design Place — 230-244 Needham St, Newton, MA 02464

Frequently Asked Questions

What type of property is this?
Shopping center - Join a contemporary 19,000 SF service and convenience retail center with multiple access points and a 4:1 parking ratio.
Where is this shopping center located?
The property is located at 55 Needham St Newton, MA.
What are key features of this property?
This property features: 19,000 SF service and convenience retail center with contemporary design; Multiple access points for convenient ingress and egress; 4:1 parking ratio highlighted as the strongest in the market
(781) 706-7348 Call to check price and availability
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