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    324 Waverley St Framingham, MA

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    For Sale
    Contact for pricing

    Gas station/auto repair in Framingham's growing downtown area.

    Property size:
    1,129 SF
    Lot size:
    0.24 Acres

    Property Features for 324 Waverley St

    General Information

    Size
    1,129 SF
    Lot size
    0.24 Acres

    Source: Gordon Real Estate Agent Jim Gordon

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

    Overview

    Framingham Gas Station/Auto Repair Opportunity

    This property presents an opportunity for a gas station, auto repair shop, or new site development in downtown Framingham. Currently used for auto repair, the site is licensed for gas station use and features underground tanks. The property is strategically located in the heart of the largest commercial and residential building growth in Framingham's history, one block from central downtown and the commuter rail. It is adjacent to two major new residential apartment projects, bringing over 500 new apartments online, and within a quarter-mile of other major new apartment and condo complexes, as well as new retail and office developments. This is a rare opportunity to capitalize on the area's population and business boom by acquiring a quarter-acre lot with multiple use potential. The property size is 1129 square feet.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4536835
    Latitude
    42.3240042

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    FAQs

    What type of property is this?
    Auto shop - Gas station/auto repair in Framingham's growing downtown area.
    Where is this auto shop located?
    The property is located at 324 Waverley St Framingham, MA.
    What are key features of this property?
    This property features: - Strategic location in Framingham's downtown region, experiencing significant commercial and residential growth.; - Licensed for gas station use with existing underground tanks.; - Multiple use potential: gas station, auto repair, or new site development.
    (508) 370-3333
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    Framingham, MA
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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
    324 Waverley St Framingham, MA
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