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Needham Heights, MA Retail Properties & Spaces for Sale

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Westwood, MA Wellesley, MA Newton, MA Dedham, MA Dover, MA Natick, MA West Roxbury, MA Weston, MA
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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Freestanding Storefront Property
Updated: Jan 26
Freestanding Storefront Property

315 Chestnut St, Needham, MA 02492

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6,230 sqft
6,230‑square‑foot freestanding retail and office property
Located at 315 Chestnut Street in Needham, MA 02492
Near Beth Israel Deaconess Hospital–Needham
Surrounded by national and regional retailers
Retail storefront configuration
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Fully Leased Mixed-Use Building
Fully Leased Mixed-Use Building

990-992 Great Plain Ave, Needham, MA 02492

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18,976 sqft 0.19 AC lot

Retail and office occupancy in downtown Needham, with access to municipal parking, public transportation, and nearby shops and restaurants.

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See what stands out in Norfolk County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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 Property with Office Suites
Mixed-Use Property with Office Suites

1007 Chestnut, Unit A, Newton, MA 02464

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7,051 sqft

Office and retail suites offer immediate occupancy within a mixed-use property dating to 1842.

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Provide detailed description about your property. For security reasons, we reserve the right not to display external links to other websites. If you need to place such link or for any other assistance

40 Grove St UNIT 3, Unit 3, Wellesley, MA 02482

$23,452,352
235,252 sqft

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Mixed-Use Retail and Office Building
Mixed-Use Retail and Office Building

258 Washington St, Wellesley, MA 02481

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5,131 sqft

Business-zoned property combines retail space with an established dental office tenancy.

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Established Dry Cleaner Business
Established Dry Cleaner Business

1 Confidential St, Newton, MA 02464

$48,888

Long-established dry cleaner, laundry, and tailor business for sale.

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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.

Approved Condo Development Site
Approved Condo Development Site

231-245 Grove St, Boston, MA 02132

$3,695,000
1 sqft 0.31 AC lot

Approved 33-unit luxury condo development site in West Roxbury.

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Commercial Land Parcel
Commercial Land Parcel

Washington Street, Stoughton, MA 02072

$135,000
5.30 AC lot

Commercially zoned land along Washington Street in Stoughton.

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Commercial Vacant Lot For Sale
Commercial Vacant Lot For Sale

1579 Washington Street, Braintree, MA 02184

$490,000

Vacant commercial lot zoned for general business use.

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Commercial Land Corner Lot
Commercial Land Corner Lot

Washington, Stoughton, MA 02072

$369,900
1.30 AC lot

Corner commercial parcel zoned COMMERCIAL near Route 95 and Route 27.

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Needham Heights, MA Retail Properties & Spaces Market Trends and Statistics

Explore 3 retail properties & spaces for sale in Needham Heights, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 29,906 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 1

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Norfolk County

Residential Income

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