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Needham, MA Retail Space for Sale

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Needham Mixed-Use Redevelopment Opportunity
Updated: Oct 24, 2025
Needham Mixed-Use Redevelopment Opportunity

50 Central Ave, Needham Heights, MA

Contact for pricing
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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Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 1 Active listings in Needham, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 1 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 Building Near Moody Street
Mixed-Use Building Near Moody Street

55-57 Crescent Street, Waltham, MA 02453

$2,399,000
4,585 sqft

Mixed-use property with residential, rooming house, and salon spaces.

View details
Ground-Level Retail Office Condo
Ground-Level Retail Office Condo

983-989 Chestnut St #7FRONT, Newton, MA 02464

$299,000

Ground-level commercial unit with a two-room layout, private bathroom, central air, and three off-street parking spaces.

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Retail Building with Flexible Uses
Retail Building with Flexible Uses

210 Moody St, Waltham, MA 02453

Contact for pricing
9,345 sqft

For sale 9,345 SF retail building positioned for hotel, restaurant, or retail development.

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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.

View details

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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

View details

Off-Market Properties in Needham, MA

Consider similar Off-Market properties in Needham, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

40 Franklin St
RETAIL STORES (PERSONAL SERVICES)

40 Franklin St, Needham, MA 02494-2908

$6,065,000
Estimated value
29,909 sqft 0.75 AC lot
View details
329 Chestnut St
RETAIL STORES (PERSONAL SERVICES)

329 Chestnut St, Needham, MA 02492-2408

$1,795,000
Estimated value
7,770 sqft 0.29 AC lot
View details
232 Chestnut St
RETAIL STORES (PERSONAL SERVICES)

232 Chestnut St, Needham, MA 02492-2407

$3,625,000
Estimated value
27,626 sqft 1.08 AC lot
View details
283 Chestnut St
RETAIL STORES (PERSONAL SERVICES)

283 Chestnut St, Needham, MA 02492-2406

Value Estimation by Request
6,862 sqft 0.25 AC lot
View details
33 Chestnut Pl
RETAIL STORES (PERSONAL SERVICES)

33 Chestnut Pl, Needham, MA 02492-2413

$1,300,000
Estimated value
8,182 sqft 0.34 AC lot
View details
459 Great Pln Ave
RETAIL STORES (PERSONAL SERVICES)

459 Great Pln Ave, Needham, MA 02492-3727

Value Estimation by Request
2,774 sqft 0.22 AC lot
View details
990 Great Pln Ave
RETAIL STORES (PERSONAL SERVICES)

990 Great Pln Ave, Needham, MA 02492-2508

$750,000
Estimated value
19,068 sqft 0.19 AC lot
View details
50 Central Ave
RETAIL STORES (PERSONAL SERVICES)

50 Central Ave, Needham, MA 02494-2914

$1,220,000
Estimated value
7,734 sqft 0.46 AC lot
View details
19 Wexford St
RETAIL STORES (PERSONAL SERVICES)

19 Wexford St, Needham, MA 02494-2911

$6,180,000
Estimated value
19,980 sqft 1.07 AC lot
View details
150 Gould St
RETAIL STORES (PERSONAL SERVICES)

150 Gould St, Needham, MA 02494-2330

$5,280,000
Estimated value
20,516 sqft 0.92 AC lot
View details
1492 Highland Ave
RETAIL STORES (PERSONAL SERVICES)

1492 Highland Ave, Needham, MA 02492-2670

$1,825,000
Estimated value
13,680 sqft 0.38 AC lot
View details
1016 Great Pln Ave
RETAIL STORES (PERSONAL SERVICES)

1016 Great Pln Ave, Needham, MA 02492-2510

$2,005,000
Estimated value
16,124 sqft 0.23 AC lot
View details
935 Great Pln Ave
RETAIL STORES (PERSONAL SERVICES)

935 Great Pln Ave, Needham, MA 02492-3031

$3,645,000
Estimated value
28,968 sqft 0.25 AC lot
View details
315 Chestnut St
RETAIL STORES (PERSONAL SERVICES)

315 Chestnut St, Needham, MA 02492-2408

$1,600,000
Estimated value
4,800 sqft 0.17 AC lot
View details
890 Highland Ave
RETAIL STORES (PERSONAL SERVICES)

890 Highland Ave, Needham, MA 02494-1339

$645,000
Estimated value
6,166 sqft 0.11 AC lot
View details
68 Highland Ave
RETAIL STORES (PERSONAL SERVICES)

68 Highland Ave, Needham, MA 02494-3024

$2,525,000
Estimated value
0.30 AC lot
View details
68 Highland Ave
RETAIL STORES (PERSONAL SERVICES)

68 Highland Ave, Needham, MA 02494-3024

$2,295,000
Estimated value
9,562 sqft 0.30 AC lot
View details
25 Central Ave
RETAIL STORES (PERSONAL SERVICES)

25 Central Ave, Needham, MA 02494-2913

$640,000
Estimated value
3,000 sqft 0.16 AC lot
View details
11 2nd Ave
RETAIL STORES (PERSONAL SERVICES)

11 2nd Ave, Needham, MA 02494-2808

$1,655,000
Estimated value
12,730 sqft 1.00 AC lot
View details
168 Gdn St
RETAIL STORES (PERSONAL SERVICES)

168 Gdn St, Needham, MA 02492-2321

$950,000
Estimated value
4,200 sqft 0.35 AC lot
View details
399 Chestnut St
RETAIL STORES (PERSONAL SERVICES)

399 Chestnut St, Needham, MA 02492-2478

$1,585,000
Estimated value
8,522 sqft 0.31 AC lot
View details
73 Chestnut St
RETAIL STORES (PERSONAL SERVICES)

73 Chestnut St, Needham, MA 02492-2526

$3,015,000
Estimated value
17,970 sqft 0.91 AC lot
View details
53 Chapel St
RETAIL STORES (PERSONAL SERVICES)

53 Chapel St, Needham, MA 02492-2601

$735,000
Estimated value
3,680 sqft 0.23 AC lot
View details

Needham, MA Retail Space Market Trends and Statistics

Explore 70 retail space for sale in Needham, 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

Storefront properties 3
Shopping centers 2

Demographics Overview

Population 32K
Population Growth (5Y) +3.5%
Median Household Income $206,122

Taxes & Financing

Tax Rate (average for all types) 2.44%
Property Tax per SF $14.16 per SF
Tax Rate vs County Average 0.59 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)

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