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    1-61 Nicholas Rd Framingham, MA 01701

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    For Lease
    Contact for pricing

    Retail spaces available in established Framingham shopping center.

    Property size:
    2,400 SF
    Lot size:
    6.65 Acres

    Property Features for 1-61 Nicholas Rd

    General Information

    Size
    2,400 SF
    Lot size
    6.65 Acres

    Source: American Commercial Real Estate Agent Dusty Burke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Framingham Center

    Available for lease are retail spaces within an existing 45,000 square foot shopping center situated on 6.65 acres. The center currently includes tenants such as a US Post Office, Dunkin Donuts, Famous Pizza, Franklin Caterers, 3 Gorges Restaurant, Lincoln Liquors, and Reflections Beauty Salon. Specifically, there is a 2,400 square foot retail space available next to Lincoln Liquors, as well as a 20,685 square foot anchor space. The property provides 383 parking spaces. The location benefits from a traffic count of 13,751 ADT. New ownership is in place, and a new facade is planned for the center. Possible pad sites are also available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Skin Care Clinic

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

    Similar Places Nearby

    Pinefield Shopping Center, Round-Up Shopping Center, CoinMover Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4023912
    Latitude
    42.3274992

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in established Framingham shopping center.
    Where is this shopping center located?
    The property is located at 1-61 Nicholas Rd Framingham, MA.
    What are key features of this property?
    This property features: - 20,685 SF Anchor Space Available; - High Traffic Location: 13,751 ADT; - Ample Parking with 383 Spaces
    (508) 735-6378
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    1-61 Nicholas Rd Framingham, MA 01701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1-61 Nicholas Rd Framingham, MA 01701
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