Historic Mixed-Use Building in
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
(617) 834-2975
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
NOI $168,646 @ 7.0% cap · market cap 10.55%
Second Best
Mixed Use
$1.37M
$1.20M – $1.60M
NOI $95,731 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$5.87M
$5.13M – $6.84M
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
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.