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510 Union Ave 1,350 SF Retail Building Framingham, MA 01702 $699,000 ($517.78/SF)
Executive Summary
Single-Tenant Retail Investment Property for Sale – 510 Union Ave, Framingham, MA 01702
An exceptional investment opportunity to acquire a fully leased single-tenant retail property in a prime, high-visibility location on Union Avenue in Framingham, Massachusetts. The property is occupied by a long-term tenant, providing stable and predictable cash flow with annual rental increases. Situated on a busy commercial corridor with excellent visibility, easy access, and ample on-site parking, this asset offers a strong combination of dependable income and long-term appreciation potential. Its strategic MetroWest location and stable tenancy make it an ideal investment for passive investors, 1031 exchange buyers, or anyone seeking a quality net-leased retail asset. Additional financial information, including lease details, rent roll, and operating expenses, is available upon request. Please contact Mina Hanna for details at 508-308-4107
An exceptional investment opportunity to acquire a fully leased single-tenant retail property in a prime, high-visibility location on Union Avenue in Framingham, Massachusetts. The property is occupied by a long-term tenant, providing stable and predictable cash flow with annual rental increases. Situated on a busy commercial corridor with excellent visibility, easy access, and ample on-site parking, this asset offers a strong combination of dependable income and long-term appreciation potential. Its strategic MetroWest location and stable tenancy make it an ideal investment for passive investors, 1031 exchange buyers, or anyone seeking a quality net-leased retail asset. Additional financial information, including lease details, rent roll, and operating expenses, is available upon request. Please contact Mina Hanna for details at 508-308-4107
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,350 SF
Building Class
C
Year Built
1940
Price
$699,000
Price Per SF
$517.78
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.07
Lot Size
0.44 AC
Zoning
B2 - The zoning is B2. You can add second-floor apartments.
Parking
14 Spaces (10.37 Spaces per 1,000 SF Leased)
Frontage
66’ on Union Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | FRAM-000111-000051-006774 | Improvements Assessment | $208,600 |
| Land Assessment | $143,700 | Total Assessment | $352,300 |
Property Taxes
Parcel Number
FRAM-000111-000051-006774
Land Assessment
$143,700
Improvements Assessment
$208,600
Total Assessment
$352,300
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510 Union Ave