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    FOR LEASE
    Office buildings

    233 Needham St, Newton, MA 02464

    65,404 SF 0.99 ac lot Built 1988
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US38-2344443
    Property summary
    AI-generated overview

    233 Needham Street in Newton, Massachusetts offers a unique opportunity to lease creative office space within a vibrant and convenient location. This 12,434 square foot building, situated in the N2 Innovation District of Middlesex County, is currently fully vacant and available for lease. The property is classified as Retail, Office, and Restaurant, making it suitable for a variety of businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 1,661 square feet to a maximum contiguous space of 3,732 square feet. Five individual suites are available for lease, providing flexibility for businesses of varying sizes. The building's prime location offers easy access to a wealth of amenities, including numerous restaurants, fitness centers, and retail establishments, all within walking distance. This impressive property presents a compelling opportunity for businesses seeking a modern and convenient workspace in a thriving area. The address is 233 Needham Street, Newton, MA 02464. The property is ideally situated for businesses seeking a high-profile location with excellent accessibility and a strong surrounding infrastructure. The building's total square footage is 12,434 square feet, with the entire space currently available for lease. This presents a rare chance to secure a significant footprint in a desirable location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1988
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 65,404 SF
    Lot 0.99 ac (42,933 SF)
    Zoning code MU1
    APN NEWT S:51 B:028 L:0008
    UPID US38-2344443
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Go Modular SIP Homes Construction Company General Contractor
    • Fujitsu (Bike/Boat/Book/etc) Store Corporate Office
    • Kanda Software (Bike/Boat/Book/etc) Store Corporate Office
    • Netlogic Computer Consulting, LLC Tech Support Center IT Consulting Firm
    • Boston SoftDesign Inc. Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $19.91M
    Blend (final) Blend
    $15.91M
    Owner & transaction history
    Msic Propertyies LLC · 9 yrs held
    Msic Propertyies LLC
    since 2017
    7 recorded transactions
    2017
    2017
    $20.9M
    2008
    $1
    2008
    2007
    $11.5M
    2007
    2004
    Zoning & alternative use
    MU1 · Newton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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