Sold
61 Nicholas
Framingham MA, 01701
$2,800,000
$149.14 per sqft
Sold
18,774 sqft
Commercial
Built in 1957
Outstanding investment/development/value-add sale opportunity. 100% leased. Approximate NOI: $203,166. CAP RATE: 6.4%. 2-story, 18,774 SF multi-use building located in desirable North Framingham adjacent to major shopping plaza and condominium complex. Retail tenants and one of region's largest, most successful daycare centers on main level with professional office tenants on second level. Well-maintained with recent renovations. 80 on-site parking spaces. Easy access to Route 9 and Mass Pike and close to affluent communities of Sudbury and Wayland.
73062454
MLSⓇ ID
December 2, 2022
Listed
October 2, 2024
Updated
Map
61 Nicholas
Framingham MA, 01701
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.85 Acres
Other Property Details
Taxes
$35,195
Tax Frequency
Annually
Garage
No
Parking Total
80
View
No
County
Middlesex
Pool
No
Zoning
B-2
Listing History
Date | Event | Price |
---|---|---|
5/12/2023 | Sold | $2,800,000 |
Courtesy of James Gordon, Gordon Real Estate
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Data last updated 1:33 AM UTC, 10/2/2024