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Historic Mixed-Use Building in Foxboro

11-15 Bird Street Foxborough, MA 02035

11-15 Bird Street, Foxborough, MA, 02035
Contact for pricing
For Sale
Contact for pricing
Pending

Impeccably maintained mixed-use building with retail and residential spaces.

Property Size9,910 SF
Days on Market135

Property Features for 11-15 Bird Street

General Information

Standard status
Pending
Size
9,910 SF
Property subtype
Retail
Listing Agency eXp Realty
Listed by Christopher Olson · License #MA 9032966
Source Crexi
Added: Mar 9 Updated: Jul 10 at 3:52 pm Checked: Jul 20 at 3:36 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty


Investment Insights

Based on property information with market context.

This rare and impeccably maintained mixed-use historic building is located in Foxboro Center, directly across from The Boyden Library, Doolittle Home, and Historic Baker Street. The property features four boutique, by-appointment-only retail commercial spaces, currently used as a hair salon, healthcare sales, family law office, and a second-floor photography studio. The former iconic Foxboro Hat Shop (and Grange Hall prior to that) has been converted into an exceptionally appealing residential space. Constructed around 1887, the building blends historical charm with 21st-century improvements. The property includes a full basement, a walk-up attic for potential expansion or storage, and off-street parking with recently updated drainage. A new roof was installed in 2018, and the exterior has been recently painted. Common laundry facilities are available on each level, along with a private hardscape patio and a second-floor deck. The property has been meticulously managed by a local family for over 30 years. The building has a total size of 9910 square feet.

Key Highlights

  • Rare, impeccably maintained historic mixed‑use building in Foxboro Center.
  • Four boutique commercial spaces currently occupied by established businesses.
  • Exceptionally appealing residential space converted from the former Foxboro Hat Shop.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $166.5k $16.80
− Vacancy −$13.3k −$1.34
EGI $153.2k $15.46
− OpEx −$57.4k −$5.80
NOI $95.7k $9.66
9,910 SF · lease $16.80/SF/yr · vacancy 8.00% · expense 37.50%

Alternative Uses

Best Use
Retail
$2.41M
$2.11M – $2.81M (±1% cap)
NOI $168,646 @ 7.0% cap · market cap 10.55%
Second Best
Mixed Use
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,731 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$5.87M
$5.13M – $6.84M (±1% cap)
NOI $410,668 @ 7.0% cap · market cap 25.68%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Cafe & Coffee Shop Auto Parts Store Home Appliance Store Plumbing Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Impeccably maintained mixed-use building with retail and residential spaces.
Where is this mixed-use property located?
The property is located at 11-15 Bird Street Foxborough, MA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Rare, impeccably maintained historic mixed‑use building in Foxboro Center.; Four boutique commercial spaces currently occupied by established businesses.; Exceptionally appealing residential space converted from the former Foxboro Hat Shop.
Contact an agent
(617) 834-2975 Call to check price and availability
More about this property
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