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Property profile & analytics
OFF-MARKET Estimated value $1,140,000
Retail space

33 Highland Ave Needham, MA 02494-3020

7,220 SF 0.24 ac lot Built 1967
Trust Owned 8-yr Hold Free & Clear
Property ID
US38-0528172
Property summary
AI-generated overview

This exceptional 1,600 square foot retail space is situated at 33 Highland Avenue in Needham, Massachusetts, within Norfolk County. The property is a single-tenant, first-floor retail unit that has undergone a complete renovation. Its location on the Newton/Needham line offers excellent visibility and accessibility, making it an ideal space for a variety of businesses. The property boasts a prime location with significant signage opportunities, ensuring high visibility for your business. The address is easily accessible for customers and employees alike. The space is ready for immediate occupancy, offering a turnkey solution for businesses seeking a move-in ready retail location. This property presents a rare opportunity to establish a thriving business in a highly desirable and well-established area. The 02494 zip code offers a strong demographic profile, providing a robust customer base for your enterprise. The single-tenant occupancy ensures a streamlined and efficient operation. Don't miss this chance to secure this exceptional retail space in a vibrant and growing community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Total area 7,220 SF
Lot 0.24 ac (10,454 SF)
Zoning code H128
APN NEED M:074.0 B:0002 L:0000.0
UPID US38-0528172
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
  • Impress nail & spa Nail Salon
  • Winters Home Services Plumbing Service General Contractor
  • Systems Design & Integration, Inc. Electronics & Wireless Store
  • The Fitter Female Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.14M
Owner & transaction history
Shriberg,robert A & B M Trust · 8 yrs held
Shriberg,robert A & B M Trust
since 2017
3 recorded transactions
2017
Price N/A
2002
Price N/A
1998
Price N/A
Zoning & alternative use
H128 · Needham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Planning Maps | Needham, MA
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