Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    233 Needham St Newton, MA 02464
    Back to Search
    Property profile & analytics

    233 Needham St Newton, MA 02464


    • Office buildings
    • 65,404 SF
    • 0.99 lot acres
    Convenient Location in N2 Innovation For Lease
    $33 SF/Yr

    Convenient Location in N2 Innovation

    Impressive commercial space in a convenient Newton location for rent.

    233 Needham St, Newton, MA 2464
    View Listing
    Property ID
    US38-2344443
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 233 Needham St

    Year built
    1988
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.99 lot acres
    Property size
    65,404 SF
    Zone code
    MU1
    Property type
    Office buildings
    APN
    NEWT S:51 B:028 L:0008
    APU
    NEWTS51B028L0008

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $19,913,000
      Market price range: $13.9M - $28.0M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $19,960,000
      Current use
      RESTAURANT
      $18,990,000
      Change: -5% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $18,410,000
      Change: -8% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $18,120,000
      Change: -9% Conversion: Difficult
      RETAIL STORES
      $17,630,000
      Change: -12% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2152
    Latitude
    42.31
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $296,827
    $2,294,800
    $13,898,700
    $16,193,500
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message