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

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