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    818 Waverly St Framingham, MA 01702

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    For Sale
    $1,099,900

    Approved mixed-use development with residential and commercial space.

    Lot size:
    0.19 Acres

    Property Features for 818 Waverly St

    General Information

    Lot size
    0.19 Acres

    Source: Realty Executives Boston West Agent Philip R. Ottaviani

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

    Overview

    Approved Mixed-Use Development Opportunity

    This property presents an opportunity to acquire a fully approved mixed-use development located on Waverly Street (Route 135). The approved plans include 6 residential units, consisting of three two-bedroom units and three one-bedroom units, along with a commercial space on the first floor. The plans feature detailed design elements and incorporate a 700 square foot retail site and first-floor parking. The property benefits from convenient highway access and is within walking distance of the commuter rail. Its location provides proximity to local amenities, including restaurants and the Framingham Baking Company.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4320997
    Latitude
    42.2730527

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    FAQs

    What type of property is this?
    Commercial land - Approved mixed-use development with residential and commercial space.
    Where is this commercial land located?
    The property is located at 818 Waverly St Framingham, MA.
    What is the asking price?
    The asking price for this property is $1,099,900.
    What are key features of this property?
    This property features: - Fully approved mixed-use development project ready for construction.; - Includes 6 residential units, featuring three 2-bedroom and three 1-bedroom layouts.; - Features a 700 sq ft commercial space.
    (774) 245-1055
    Request Owner's contact information
    818 Waverly St Framingham, MA 01702
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    Framingham, MA 01702
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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
    818 Waverly St Framingham, MA 01702
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