329-331 Chestnut Street Save Request In-Person Tour Request Virtual Tour
Needham,MA 02492
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 73444158
HOA Y/N false
Year Built 1942
Annual Tax Amount $24,969
Tax Year 2025
Lot Size 0.290 Acres
Acres 0.29
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.
Location
State MA
County Norfolk
Zoning CS
Direction Please use GPS.
Exterior
Utilities Available Public Water,Public Sewer,Natural Gas Available
Total Parking Spaces 17
Others
Senior Community false