Mixed-Use

Needham Heights, MA Mixed-use Properties for Sale

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Needham Mixed-Use Redevelopment Opportunity
Updated: Oct 24, 2025
Needham Mixed-Use Redevelopment Opportunity

50 Central Ave, Needham Heights, MA

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4,700 sqft 0.75 AC lot
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).
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Needham Heights, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Investment Opportunity
Mixed-Use Investment Opportunity

35/0 Heron, Boston, MA 02132

$1,875,000
7,386 sqft

Three-parcel property featuring residential and commercial spaces.

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Mixed-Use Land Near Boston Landing
Mixed-Use Land Near Boston Landing

114-116 North Beacon, Boston, MA 02135

$4,000,000
7,500 sqft

Land near Boston Landing and Allston Yards mixed-use developments.

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Mixed-Use Building Near Moody Street
Mixed-Use Building Near Moody Street

55-57 Crescent Street, Waltham, MA 02453

$2,399,000
4,585 sqft

Mixed-use property with residential, rooming house, and salon spaces.

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Mixed-Use Building in Downtown Waltham
Mixed-Use Building in Downtown Waltham

605-607 Main St, Waltham, MA 02452

$2,100,000

Mixed-use commercial/residential building in downtown Waltham, great investment opportunity.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Auburndale Village VC2-Zoned Land
Auburndale Village VC2-Zoned Land

283 Melrose St, Newton, MA 02466

$8,999,000

Rare opportunity for housing and mixed-use development in Newton.

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Natick Redevelopment Opportunity
Natick Redevelopment Opportunity

21 Eliot St, Natick, MA 01760

$7,200,000
3.00 AC lot

3 acres with redevelopment potential in Natick, Massachusetts.

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Versatile Land Parcel in Upton
Versatile Land Parcel in Upton

W Main St lot: 108, Upton, MA 01568

$550,000
5.45 AC lot

5.45 acre commercial land parcel with development potential.

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Development Opportunity on Andover Street
Development Opportunity on Andover Street

1575 Andover St, Tewksbury, MA 01876

$2,000,000
2.10 AC lot

Two parcels totaling over 2.1 acres for development.

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Needham Heights, MA Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Needham Heights, MA on our real estate platform. These investment opportunities span a total of 4,700 square feet of properties for sale.

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Demographics Overview

Population 11K
Population Growth (5Y) +1.0%
Median Household Income $173,750

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $12.86 per SF
Tax Rate vs County Average 0.62 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Norfolk County

New Delisted

Total CRE Inventory on Market (SF)

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