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1881 Worcester Rd 65,216 SF 100% Leased Office Building Framingham, MA 01701 For Sale
Investment Highlights
- Repositioning Opportunity: Flexible Zoning Allows Other Uses Including: R&D Lab, Medical, Assisted Living, Adult Day Care, Schools & More.
- Over $600K in Capital Improvements Including Roof and HVAC Systems
- Strong Historical Occupancy Levels: Consistently over 90% occupancy rate since 2015
- Highly Visible & Well Known Property in the Market on Route 9
- Company Branding: Building Signage Visible to Over 55,000 Cars Per Day
- Strategically Located at the Intersection of Route 9 and the Mass Pike (I-90)
Executive Summary
This two-story, ribbon-window, Class B building provides an excellent investment opportunity for investors, companies, and organizations seeking a central location in the Suburban Boston market. The Property has housed notable tenants, including Advocates, Inc., one of Massachusetts’ largest non-profits. Their upcoming vacancy creates opportunities for owner-occupiers or strategic repositioning.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
65,216 SF
Building Class
B
Year Built
1985
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
32,608 SF
Slab To Slab
8’
Building FAR
0.46
Lot Size
3.26 AC
Zoning
Corporate Mixed Use - CMU - Corporate Mixed Use (CMU). Some allowed uses include: Office, R&D Lab, Medical, Assisted Living, Adult Day Care, Schools and more.
Parking
241 Spaces (3.7 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Space has a loading dock with double door access. Kitchenette and common area restrooms.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 6,143 SF | Flex | Full Build-Out | 30 Days |
1st Floor
| Size |
| 6,143 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 6,143 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | 30 Days |
Space has a loading dock with double door access. Kitchenette and common area restrooms.
Property Taxes
| Parcel Number | FRAM-000096-000003-000525 | Improvements Assessment | $5,933,300 |
| Land Assessment | $1,077,400 | Total Assessment | $7,010,700 |
Property Taxes
Parcel Number
FRAM-000096-000003-000525
Land Assessment
$1,077,400
Improvements Assessment
$5,933,300
Total Assessment
$7,010,700
Contacts
-
Victor Galvani -
Marilyn Santiago -
Matt Cuneo -
NAI | Parsons Commercial Group - Boston
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1881 Worcester Rd
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