Retail

Needham Heights, MA Retail Space 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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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Needham Heights, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Unit Corner Storefront
Four-Unit Corner Storefront

474-484 Moody Street, Waltham, MA 02453

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9,370 sqft

Retail asset with four units at a signalized intersection where Moody Street meets High Street.

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Four-Unit Corner Storefront Property
Four-Unit Corner Storefront Property

474 Moody St, Waltham, MA 02453

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9,370 sqft

Corner commercial building at a signalized intersection with a four-unit layout.

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Office Units with Immediate Occupancy
Office Units with Immediate Occupancy

1007 Chestnut, Newton, MA 02464

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7,051 sqft

Multiple office and retail-oriented suites are available for immediate occupancy in a historic commercial property.

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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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Needham Heights, MA Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Needham Heights, MA on our real estate platform. These investment opportunities span a total of 4,700 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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