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50 Central Ave 4 700 pi² 100% Loué Commerce de détail Immeuble Needham, MA 02494 À vendre

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FAITS SAILLANTS DE L'INVESTISSEMENT

Owner-User or Redevelopment Opportunity
Permitted 18-Unit Residential/Commercial Complex
Unmatched Highway Access

Existing 4,700 SF Retail/Office Building
Strong Needham Demographics

RÉSUMÉ DE L'ANNONCE

Opportunity to acquire 40–50 Central Street in Needham, Massachusetts. The property consists of a 4,700 SF retail/office building situated on a 32,016 SF lot (0.96 acres), offering a rare opportunity for an owner-user, investor, or developer to secure a well-located asset in one of MetroWest Boston’s most desirable suburban markets.
The existing two-story building supports a range of commercial uses while also offering exceptional redevelopment potential. The Town of Needham has approved permits for the construction of an 18-unit mixed-use project (15 residential units—three of which are affordable—and 3 commercial retail units), allowing a buyer to either proceed with an entitled development opportunity or explore alternative strategies aligned with their use.
Alternatively, 40–50 Central Street is well-suited for an owner-user seeking to stop paying rent and control their own real estate. The property can also be configured as a multi-tenant building with ample parking, catering to a wide range of flex and professional uses.
Ideally positioned near Needham Center, the property benefits from excellent access to I-95/Route 128, the Massachusetts Turnpike (I- 90), and public transportation via the Needham Heights Commuter Rail Station. With strong surrounding demographics, limited new multifamily supply, and consistent demand, 40–50 Central Street represents an outstanding opportunity to own, occupy, or redevelop a centrally located property in a highly sought-after suburban submarket West of Boston.