74 Needham St
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74 Needham St
4,890 SF Retail Building Newton, MA 02461 For Sale
Investment Highlights
- Excellent exposure on Needham St.
- 12 onsite parking spaces.
- Average Daily Traffic approximately 26,500 vehicles
Executive Summary
Rare opportunity to buy a free standing building in the Needham Street Newton corridor. The building features 12 parking spaces. This building has been family owned for 80 plus years. Used by a dry cleaner for many years. Property to be delivered in As-Is condition. Environmental investigations to be made by the Buyer. Cost of investigations and remediation if needed to be covered by the Seller.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$23,848
|
$4.88
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$23,848
|
$4.88
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $23,848 |
| Annual Per SF | $4.88 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $23,848 |
| Annual Per SF | $4.88 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,890 SF
Building Class
C
Year Built
1930
Tenancy
Single
Building Height
1 Story
Building FAR
0.49
Land Acres
0.23 AC
Zoning
MU2 - Mixed Use -2
Parking
6 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
109 FT on Needham St
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Highly visible building on Needham St. Former Needham Street Cleaners. Twelve parking spaces. At this time not environmental investigations have been completed.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,890 SF | Retail | - | Now |
1st Floor
| Size |
| 4,890 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 4,890 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Highly visible building on Needham St. Former Needham Street Cleaners. Twelve parking spaces. At this time not environmental investigations have been completed.
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | NEWT-000083-000011-000021 | Total Assessment | $1,301,400 (2024) |
| Land Assessment | $662,300 (2024) | Annual Taxes | $23,848 ($4.88/SF) |
| Improvements Assessment | $639,100 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
NEWT-000083-000011-000021
Land Assessment
$662,300 (2024)
Improvements Assessment
$639,100 (2024)
Total Assessment
$1,301,400 (2024)
Annual Taxes
$23,848 ($4.88/SF)
Tax Year
2023
-
Jim Conviser -
Adam Conviser -
Conviser Property Group
(781) 320-0600
x103
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74 Needham St
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