$1,925,000
329-331 Chestnut Street
Needham, MA, 02492
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.
Property Details
Price:
$1,925,000
MLS #:
73444158
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
329-331 Chestnut Street
Type:
Commercial
City:
Needham
Listed Date:
Oct 15, 2025
State:
MA
ZIP:
02492
Lot Size:
12,415 sqft / 0.29 acres (approx)
Year Built:
1942
Schools
Interior
Exterior
Parking Spots
17
Financial
Tax Year
2025
Taxes
$24,969
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Louise Condon Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
329-331 Chestnut Street
Needham, MA
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