Sold!
$1,925,000
0.29
Acres
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Property Description
Rarely does a freestanding commercial building in the heart of Needham Center become available. Situated at 329–331 Chestnut Street, this well-maintained 4,400+ SF property sits on a 12,415 SF lot and features 17 on-site parking spaces—a true rarity in this high-demand location. The building is fully leased to 3 established tenants—including an orthodontic practice, a tutoring center, and an after-school education program—each with strong rental histories and Modified Gross leases. Located within the Needham MBTA zone, just a two-minute walk to Needham Junction Station, the property offers exceptional accessibility for commuters and customers alike. Chestnut Street’s vibrant mix of local and national businesses ensures consistent foot traffic and long-term growth potential. This is a turnkey investment opportunity for an owner-user or investor seeking a stable, income-producing asset in one of Needham’s most coveted commercial corridors.
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Highlights
- Property Class: Commercial Sale
- Status: Closed
- Year Built: 1942
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Additional Details
- Zoning: Cs
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2025
- Taxes: $24,969
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Listing information provided courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
