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1 Clarks Hill
Framingham, MA 01702
One Clarks Hill · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
100,350 SF
Building Class
B
Year Built
1991
Percent Leased
37%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
33,450 SF
Slab To Slab
12’
Building FAR
0.18
Lot Size
13.04 AC
Zoning
R-1 - Office Building
Parking
445 Spaces (4.43 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Signage
  • Wheelchair Accessible
  • Kitchen
  • Natural Light
  • Drop Ceiling
  • Air Conditioning

ABOUT 1 CLARKS HILL , FRAMINGHAM, MA 01702

TREMENDOUS UPSIDE OPPORTUNITY. The property is priced below replacement cost, allowing potential user/investor to capitalize on value-enhancing improvement project while maintaining an attractive stabilized basis. Furthermore, existing building systems are in great condition, enabling new owners to concentrate capital predominantly on interior cosmetic and amenity upgrades that appeal directly to modern tenant demands and expedited lease-up of existing vacancy. Property can also be converted to 64 apartments. Situated on 13.08 acres with repaved/striped parking stalls in 2018 providing parking ratio of 4.37 /1,000 sf is uncommon in the region.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • FRAM-000129-000017-007723
  • FRAM-000122-000018-008290
Land Assessment
$2,267,200
Improvements Assessment
$4,491,100
Total Assessment
$6,758,300
  • Listing ID: 15361839

  • Date on Market: 3/6/2019

  • Last Updated:

  • Address: 1 Clarks Hill, Framingham, MA 01702

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