Fully Leased Mixed-Use
For Sale
Contact for pricing
990-992 Great Plain Ave, Needham, MA 02492
Retail and office occupancy in downtown Needham, with access to municipal parking, public transportation, and nearby shops and restaurants.
Property Size18,976 SF
Lot Size0.19 Acres
Days on Market516
Property Features for 990-992 Great Plain Ave
General Information
Standard status
Active
Size
18,976 SF
Lot size
0.19 Acres
Property subtype
RETAIL
Occupancy
100%
Additional Details
Highway Access
Yes
Amenities
outdoor patio seating
municipal parking access
commuter rail access
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
128 CRE
(617) 959-1319
Listed By:
Jeremy A. Freid · License #9089542-RE-B
(617) 959-1319
Source:
Moodyscre
Added: Apr 3, 2025
Changed: Aug 29
Last Checked: Aug 30 at 2:04PM
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 128 CRE
Investment Insights
Based on property information with market context.
990-992 Great Plain Avenue is an 18,976-square-foot mixed-use building on an 8,276-square-foot, 0.19-acre lot in downtown Needham. The property is occupied by four tenants: one retail restaurant tenant and three office tenants. The retail component includes infrastructure suited to full-service restaurant use, outdoor patio seating, and an existing lease with a five-year term and 12 months’ notice for termination.
The building is positioned among downtown restaurants and retail shops, with access to the area’s largest municipal parking lot. A nearby municipal park provides free parking for approximately 190 cars. Public transportation is within walking distance through the Needham Center Commuter Rail Station and various bus routes, while I-95/128 is less than two miles away.
The property offers a combination of retail and office occupancy within a walkable downtown setting, with direct access to parking and established transportation connections.
The building is positioned among downtown restaurants and retail shops, with access to the area’s largest municipal parking lot. A nearby municipal park provides free parking for approximately 190 cars. Public transportation is within walking distance through the Needham Center Commuter Rail Station and various bus routes, while I-95/128 is less than two miles away.
The property offers a combination of retail and office occupancy within a walkable downtown setting, with direct access to parking and established transportation connections.
Key Highlights
- 18,976 SF mixed‑use building on an 8,276 SF (.19 acre) lot
- Four tenants: one retail restaurant tenant and three office tenants
- Existing restaurant lease carries a five‑year term with 12 months’ notice for termination
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,544
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and office occupancy in downtown Needham, with access to municipal parking, public transportation, and nearby shops and restaurants.
Where is this mixed-use property located?
The property is located at 990-992 Great Plain Ave Needham, MA.
What are key features of this property?
This property features: 18,976 SF mixed‑use building on an 8,276 SF (.19 acre) lot; Four tenants: one retail restaurant tenant and three office tenants; Existing restaurant lease carries a five‑year term with 12 months’ notice for termination
