315-317 Chestnut St, Needham MA 02492

Needham, MA 02492

$2,600,000

Est. $15,891/month

6,300

Sq Ft

$413

Price/Sq Ft

0.17

Acres

1950

Year Built

392

Days on Market

Active Listed May 7, 2025 • MLS# 73371135 Copied!

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About this home

Corner free-standing building for sale w/onsite parking in the heart of downtown Needham, MA.

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Public Records

Current Owner

Owner 315 CHESTNUT STREET NEEDHAM LLC

Mailing Address 16 MAIN ST, DENNIS PORT, MA, 02639

Land Use

Use Code 325

Description Restaurant

Zoning CS

Tax Information

Assessed Value $1,459,800

Assessment History

Year	Land	Building	Total	Change
FY2025	$956,700	$503,100	$1,459,800	—

Sale History

Date	Price	Book/Page
May 19, 2022	$1,550,000	40551/214

Building Permit History

Permit history not yet available for this municipality.

Municipal Context: NEEDHAM

Match: geocode_proximity (85.9% confidence) · Data as of Jun 1, 2026

Property Overview

Listing Type

Commercial Sale

Year Built

1950

Living Area

6,300 sq ft

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1950

Living Area 6,300 sq ft

Lot Size 0.17 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other None

Financial

Annual Tax $30,524

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1950

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source:

Sewer:

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

315-317 Chestnut St, Needham MA 02492

Needham, MA 02492

Walkability

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Nearby Schools

School District

Needham School District local

A+

✓ School Safety 2024-25

0.4% Low

0.4% Suspensions 0.8% In-School

↓ 5.1% below state avg

E

Elementary Schools

10 schools

St. Joseph Elementary School

0.5 mi

Grades K-08

Grace Preparatory Academy

1.7 mi

Grades K-08

Walker School

2.0 mi

Grades PK-09

Confidence Connection

2.2 mi

Grades PK-08

A+

Newman Elementary School

1.0 mi | #2 of 824 | Score: 68.5

Improved 103 spots from last year

+10.3 above state avg

696 students Moderate

Rising School Strong Attendance

Grades PK-05

A+

William Mitchell School

1.3 mi | #24 of 824 | Score: 64.4

Improved 22 spots from last year

+6.2 above state avg

424 students Moderate

Rising School Strong Attendance

Grades K-05

A+

Broadmeadow School

1.6 mi | #17 of 824 | Score: 65.1

Improved 50 spots from last year

+6.9 above state avg

502 students Moderate

Rising School Strong Attendance

Grades K-05

A+

Sunita L. Williams Elementary School

1.8 mi | #19 of 824 | Score: 64.8

Improved 65 spots from last year

+6.6 above state avg

533 students Moderate

Rising School

Grades K-05

A

John Eliot School

2.1 mi | #98 of 824 | Score: 59.5

Dropped 40 spots from last year

+1.3 above state avg

397 students Diverse

Diverse Student Body Strong Attendance

Grades K-05

Needham Montessori School

2.2 mi

Grades 01-03

M

Middle Schools

2 schools

A+

High Rock School

0.3 mi | #5 of 352 | Score: 64.9

Improved 22 spots from last year

+6.6 above state avg

441 students Moderate

Rising School Strong Attendance

Grades 06

A+

Pollard Middle School

0.6 mi | #10 of 352 | Score: 63.3

Dropped 6 spots from last year

+5.1 above state avg

867 students Moderate

Strong Attendance

Grades 07-08

H

High Schools

2 schools

St. Sebastian's School

1.6 mi

Grades 07-12

A+

Needham High School

0.9 mi | #4 of 346 | Score: 78.0

Improved 7 spots from last year

+19.8 above state avg

1,633 students Moderate

20 sports • 2,794 athletes

Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics

Grades 09-12

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Loan Term 30 years 15 years

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Property Tax $2,544

Homeowners Insurance $200

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Market Insights

Property Timeline

🏠

Listed for Sale

May 7, 2025

$2,600,000

Original listing

Agent: Stephen Pleines Office: Eastern Land Company

🏠

Listed for Sale

May 7, 2025

$2,600,000

Original listing

Agent: Stephen Pleines Office: Eastern Land Company

🏠

Listed for Sale

May 7, 2025

$2,600,000

Original listing

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
05/07/2025	🏠 Listed for Sale	$2,600,000	-	-	Original listing
05/07/2025	🏠 Listed for Sale	$2,600,000	-	-	Original listing
05/07/2025	🏠 Listed for Sale	$2,600,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Jan 11, 2026	Sold	$60	—
May 7, 2025	New Listing Added	$2,600,000	—
May 7, 2025	New Listing Added	$2,600,000	—
May 7, 2025	New Listing Added	$2,600,000	—

Market Statistics

Days on Market

392 days

Price per Sq Ft

$413

Tax History

Year	Taxes	Assessment
25	$30,524	—

Financial Details

Annual Property Tax

$30,524

Tax Year 25

Listing Information

Agent MLS ID CN230771

Office MLS ID AN4838

Listing Data Updated Jan 10, 2026 3:05 AM EST

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.