Highland Avenue & Riverside Street

128 CRE is pleased to present the opportunity to acquire 40 Highland Avenue, 52 Highland Avenue, and 14-16 Riverside Street, a combined 1.57-acre assemblage located along one of Needham’s most prominent commercial corridors. Available for sale, lease, or build-to-suit, the properties offer a rare opportunity for investors, developers, owner-users, joint venture and businesses seeking a presence in one of Greater Boston’s most desirable suburban communities.

Strategically positioned at the gateway to Needham Heights, the portfolio offers a compelling combination of existing income, immediate occupancy opportunities, and long-term redevelopment potential. The properties are situated within multiple zoning districts, providing flexibility for a variety of commercial, residential, and mixed-use development strategies, subject to municipal approvals.

With excellent visibility and accessibility along Highland Avenue, the site provides convenient access to Needham Heights, Newton, and Interstate 95/Route 128. Whether pursuing redevelopment, repositioning existing assets, establishing an owner-user headquarters, or developing a customized build-to-suit project, this unique assemblage offers the scale, flexibility, and location rarely available in the Needham market.