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472-474 Concord St 1,298 SF Retail Building Framingham, MA 01702 $1,000,000 ($770.42/SF)

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INVESTMENT HIGHLIGHTS

  • Highly visible and accessible at a hard corner, signalized intersection seen by a surplus of 24,200 vehicles per day, with a multi-route bus stop.
  • B-2 Community Business zoning allows a wide range of options; auto user’s opp. to occupy built-out space, or an investor can repurpose + add height.
  • Framingham offers notable employment opportunities for Massachusetts and the Metro-West Boston region and has a midsized public university.
  • 472-474 Concord Street has a gateway aura, is a cleaned-up former gas station with pole-mounted signage and convenient front-of-building parking.
  • Adjoins CVS pharmacy with a drive-thru, faces a bank and active gas station, a few doors down from a fire station in a heavy residential area.
  • Near Route 9, a commuter rail station, next to a bus stop, five minutes to a Logan Airport Express shuttle; Hartford St ends at a major shopping area.

EXECUTIVE SUMMARY

Welcome to 472-474 Concord Street, a uniquely positioned prime retail property, featuring a 1,298-square-foot concrete block commercial building historically home to an auto service station. Today, it is brought to the market ready for an auto user or an investor pursuing commercial repurposing. The 0.25-acre parcel is zoned B-2 Community Business, allowing various business operations to take place and further value-add to build at least one additional story by right. There is parking in front of the building, pole-mounted signage, and two points of ingress and egress. The property features a concrete block building with adequate footing depth to withstand frost.

472-474 Concord Street is situated at the lighted three-way intersection of Concord Street, Hartford Street, and Lindbergh Road, positioning the building to be seen by more than 24,200 daily vehicles. It neighbors a CVS pharmacy, retail buildings, a school, and a fire station; all of which are not far from Framingham State University, a public university home to more than 4,000 students. There is a public transit stop at the corner of the property, and a commuter rail station is located down the street. There is a lakeside public beach within a 10-minute walk, and the MetroWest Medical Center is 1 mile down Concord Street. This strategic location provides easy accessibility to a Logan Express terminal, a Massachusetts Turnpike entrance, and Route 9.

The 5-mile radius is a stable and affluent realm home to a growing population of 148,447 residents, over 55% of whom have attained a bachelor's degree or higher level of education. The average household income exceeds $144,000, and a robust consumer spending power of over $2.3 billion is generated annually.

Inquire today for more information. Please note that 472-474 Concord Street will be sold with a clean environmental report and complete file closure. Tanks and hydraulic lifts have been removed, and the soil and groundwater have been cleaned.

MATTERPORT 3D TOUR

3D Exterior

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Lease Option
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,298 SF
Building Class
B
Year Built
1968
Price
$1,000,000
Price Per SF
$770.42
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.25 AC
Zoning
B-2 - Community Business
Parking
14 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
85’ on Concord St

AMENITIES

  • Bus Line
  • Commuter Rail
  • Metro/Subway
  • Signage
  • Signalized Intersection

ABOUT FRAMINGHAM/NATICK

The Framingham area is a well-established commercial corridor located west of Boston, encompassing vibrant communities such as Framingham, Natick, Wayland, and Wellesley. Anchored by Route 9 and supported by I-90 (Mass Pike) and I-95, the area offers exceptional regional connectivity and high visibility for retail operators.

This neighborhood is home to a diverse mix of national retailers, local boutiques, and service providers. The Natick Mall—one of New England’s premier shopping destinations—serves as a major retail anchor, drawing consistent foot traffic and supporting a robust retail ecosystem. Proximity to institutions like Wellesley College, Babson College, and Newton-Wellesley Hospital adds to the area’s economic vitality and consumer base.

Retail properties in this corridor benefit from strong demographics, steady residential growth, and a blend of suburban affluence and urban accessibility. Parks such as Callahan State Park and Cushing Memorial Park, along with nearby cultural and educational institutions, enhance the lifestyle appeal for both shoppers and employees.

With its strategic location, established retail infrastructure, and affluent customer base, Framingham presents a compelling opportunity for retail investors and operators seeking long-term stability and growth.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
20,795
82,837
148,447
231,179
2029 Population
20,783
82,157
147,223
240,539
2024-2029 Projected Population Growth
-0.1%
-0.8%
-0.8%
4.0%
Median Age
37.4
39.2
41.2
41.6
College Degree + Higher
34%
49%
56%
32%
Daytime Employees
18,491
53,887
90,666
131,643
Total Businesses
2,307
5,894
8,974
14,012
Average Household Income
$92,045
$124,998
$144,941
$170,557
Median Household Income
$66,635
$93,852
$112,261
$140,264
Total Consumer Spending
$231.7M
$1.1B
$2.3B
$3.6B
2024 Households
8,072
32,038
56,839
84,729
Average Home Value
$525,607
$592,925
$654,349
$800,491

NEARBY AMENITIES

RESTAURANTS

Joa Take Out Brazilian - 7 min walk
Domino’s - - 9 min walk
Dunkin' Cafe - 13 min walk
Framingham Subs and Pizza Pizza $ 14 min walk
Jack's Abby Brewing LLC - - 15 min walk

RETAIL

CVS Pharmacy Drug Store 2 min walk
Citizens Bank Bank 3 min walk
Verizon Wireless Communications 15 min walk
Knockouts Haircuts For Men Salon/Barber/Spa 14 min walk
Craft Beer Cellars Liquor 14 min walk

HOTELS

Tapestry Collection by Hilton
251 rooms
5 min drive
Courtyard
181 rooms
6 min drive
Hampton by Hilton
188 rooms
6 min drive
Red Roof PLUS+
170 rooms
5 min drive
Residence Inn
136 rooms
6 min drive
TownePlace Suites
96 rooms
10 min drive
Fairfield Inn
75 rooms
10 min drive
Sheraton Hotel
200 rooms
10 min drive
Motel 6
107 rooms
11 min drive
Residence Inn
125 rooms
13 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FRAM-000112-000000-005169
Land Assessment
$164,400
Improvements Assessment
$129,000
Total Assessment
$293,400

SALE ADVISOR

SALE ADVISOR

Clean Properties Engineering, Inc.
Contact
Marcia Berger, President
Marcia has extensive knowledge of commercial real estate in the New England region. Her focus is on increasing the value of uniquely well-positioned properties by performing and ensuring environmental cleanup and remediation. She is a Registered Professional Engineer and Licensed Site Professional in Massachusetts.
  • Listing ID: 38352936

  • Date on Market: 11/6/2025

  • Last Updated:

  • Address: 472-474 Concord St, Framingham, MA 01702

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