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    461 Washington St Holliston, MA 01746

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    For Sale
    $2,750,000

    Shopping plaza with long-term tenants and value-add potential.

    Lot size:
    0.55 Acres

    Property Features for 461 Washington St

    General Information

    Lot size
    0.55 Acres

    Building Details

    Year built
    1999

    Source: Century 21 North East Agent Beatriz Gomez

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

    Overview

    Established Shopping Plaza For Sale

    This established shopping plaza is located on Route 16, benefiting from significant foot and vehicle traffic. The property features seven units, five of which are occupied by long-term tenants operating under NNN leases, providing a consistent rental income stream. The property includes a large plaza housing three restaurant units, two stand-alone buildings each containing one unit, and a smaller plaza with two vacant units, offering immediate value-add potential. Various parking areas serve all units, including designated disabled parking spots. This property is suitable for a 1031 exchange or portfolio expansion.
    Insight Report Location Intelligence

    Current Use by Public Records

    Holliston Wine & Spirits Liquor Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Holliston
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4275993
    Latitude
    42.210273

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    FAQs

    What type of property is this?
    Shopping center - Shopping plaza with long-term tenants and value-add potential.
    Where is this shopping center located?
    The property is located at 461 Washington St Holliston, MA.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - High-traffic location on Route 16.; - Consistent rental income from 5 long-term NNN tenants.; - Ideal for 1031 exchange or portfolio expansion.
    (508) 944-1779
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    461 Washington St Holliston, MA 01746
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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
    461 Washington St Holliston, MA 01746
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