Chestnut St Needham, MA 02492
This exceptional 1,500 square foot commercial condominium presents a unique opportunity for businesses seeking a vibrant and convenient location in the heart of Needham, Massachusetts. Situated on Chestnut Street, this second-level space boasts a street-level entrance for easy accessibility. The unit has undergone recent renovations, resulting in a bright and modern open office layout, perfect for a variety of professional uses. Natural light floods the space, creating a welcoming and productive work environment. Two well-appointed bathrooms cater to the needs of employees and clients, while a dedicated conference room provides a professional setting for meetings and presentations. The building offers the significant advantage of ten or more on-site parking spaces, eliminating the common challenges associated with parking in busy commercial areas. This property is ideally located in a highly desirable section of Needham, providing easy access to major roadways, public transportation, and a wealth of local amenities. The asking price of $700,000 reflects the exceptional value and prime location of this commercial condo. This is an unparalleled opportunity to acquire a move-in ready commercial space in a thriving Massachusetts community. Don't miss out on this chance to establish your business in a highly sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.