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317 Chestnut St 6,000 SF 100% Leased Retail Building Needham, MA 02492 For Sale
Investment Highlights
- 100% LEASED, STABILIZED RETAIL ASSET
- MEDICAL-ADJOINING DEMAND DRIVER
- CORE LOCATION WITH EXCEPTIONAL VISIBILITY
- DIVERSIFIED, MIXED-USE INCOME STREAM
Executive Summary
Freudenheim Partners, as Exclusive Agents, is pleased to present the opportunity to acquire 315–317 Chestnut Street, a rare free-standing retail and office asset located in the heart of Needham, Massachusetts.
This highly visible property benefits from strong daily traffic, immediate proximity to Beth Israel Deaconess Hospital–Needham, and surrounding national and regional retailers. The offering represents a scarce chance to secure a core retail asset in one of Greater Boston’s most supply-constrained and affluent suburban markets.
This highly visible property benefits from strong daily traffic, immediate proximity to Beth Israel Deaconess Hospital–Needham, and surrounding national and regional retailers. The offering represents a scarce chance to secure a core retail asset in one of Greater Boston’s most supply-constrained and affluent suburban markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
C
Year Built
1950
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.17 AC
Zoning
CSB - Commercial
Parking
10 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Air Conditioning
Walk Score®
Very Walkable (85)
Nearby Major Retailers
Property Taxes
| Parcel Number | NEED-000046-000051 | Improvements Assessment | $503,100 |
| Land Assessment | $956,700 | Total Assessment | $1,459,800 |
Property Taxes
Parcel Number
NEED-000046-000051
Land Assessment
$956,700
Improvements Assessment
$503,100
Total Assessment
$1,459,800
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317 Chestnut St
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