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541 Concord St 8,800 SF Retail Building Framingham, MA 01702 $1,500,000 ($170.45/SF)



INVESTMENT HIGHLIGHTS
- Great mix of showroom, warehouse, drive in/thru bays and office.
- Great visibility and traffic count
- Prefect for owner occupant and possibility of making into smaller rental units
EXECUTIVE SUMMARY
Highly visible free standing commercial building with flexibility for many uses and types of space. Currently used as approx. 3,200sqft of retail, 2,400sqft of drive-in storage and another 3,200sqft of useable basement. Located on a busy commuter route with easy access from both driving directions. This is a great opportunity to bring your business to the next level, located just off Route 9 and Route 30. This well cared for building could be transformed into so many uses, such as: Medical near the hospital, Legal offices near the court house, Retail with a drive-through bay for dry and clean loading and off loading, even a separate drive-in warehouse with fenced in yard for additional security. The building is also nicely set-up for creating multiple spaces for different users where the owner occupant could offset some of the ownership expenses with additional rental income. Come visit this unique property and see the possibilities for yourself. See attached for recent updates.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,800 SF
Building Class
B
Year Built
1935
Price
$1,500,000
Price Per SF
$170.45
Tenancy
Single
Building Height
1 Story
Building FAR
0.61
Lot Size
0.33 AC
Zoning
R1 - Use is by Special Permit.
Parking
11 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | FRAM-000112-000000-007987 | Improvements Assessment | $847,400 |
| Land Assessment | $180,900 | Total Assessment | $1,028,300 |
PROPERTY TAXES
Parcel Number
FRAM-000112-000000-007987
Land Assessment
$180,900
Improvements Assessment
$847,400
Total Assessment
$1,028,300
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Presented by
Nexum Group
541 Concord St
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