1154 Worcester Rd
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1154 Worcester Rd
3,342 SF Retail Building Framingham, MA 01702 $1,250,000 ($374/SF)
Investment Highlights
- Prime Location right on Route 9 in Framingham as General Business, Retail Office Space, Medical Office and Cannabis.
Executive Summary
This iconic retail storefront, featuring expansive windows facing Rt 9, offers a premier location with outstanding visibility. The property boasts a large skylight that bathes both the first and second floors in natural light, providing an inviting atmosphere for a variety of potential uses. The basement, currently utilized as an office space, first and second floor used as retail. Currently used as a hair salon operating since the 1980s with a large commercial parking lot with 25+ parkings spots! Situated in a bustling area, this property is in close proximity to the Natick mall/Shoppers World, popular restaurants, Framingham State University, MassBay Community College and more. Additionally, it is located within the Framingham cannabis overlay district, further enhancing its appeal for a diverse range of business ventures. The seller is relocating their business to a smaller space in Framingham. Don't miss this opportunity to establish your business in a highly sought-after location!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,342 SF
Building Class
B
Year Built
1920
Price
$1,250,000
Price Per SF
$374
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.39 AC
Zoning
B - Business
Amenities
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $887,700 (2024) | |
| Land Assessment | $567,000 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $320,700 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$567,000 (2024)
Improvements Assessment
$320,700 (2024)
Total Assessment
$887,700 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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1154 Worcester Rd
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