105-Key Hotel on Redevelopment
For Sale
Contact for pricing
740 Elm St, Concord, MA 01742
Best Western hotel with 105 rooms on a 3.5-acre parcel with direct access to Route 2.
Property SizeContact for details
Lot Size3.50 Acres
Days on Market120
Property Features for 740 Elm St
General Information
Standard status
Active
Lot size
3.50 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Listing Agency:
JLL - Boston, Massachusetts
(617) 531-4100
Listed By:
Lenny Pierce · License #009535848
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 11:22PM
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 JLL - Boston, Massachusetts
Investment Insights
Based on property information with market context.
This property is a 105-room Best Western hotel on a 3.5-acre parcel. The offering includes the existing hospitality asset and the underlying redevelopment land.
The site provides direct access to the Concord Turnpike (Route 2), offering a direct path to Cambridge, Downtown Boston, and the Route 128/I-95 life science and technology corridor.
With acreage suited to redevelopment and highway access for convenient regional connectivity, the property presents an opportunity for an incoming buyer to evaluate options for the site while accounting for the existing hotel configuration.
The site provides direct access to the Concord Turnpike (Route 2), offering a direct path to Cambridge, Downtown Boston, and the Route 128/I-95 life science and technology corridor.
With acreage suited to redevelopment and highway access for convenient regional connectivity, the property presents an opportunity for an incoming buyer to evaluate options for the site while accounting for the existing hotel configuration.
Key Highlights
- 105‑room Best Western hotel on a 3.5‑acre parcel at 740 Elm Street in Concord, MA
- Direct site access to Concord Turnpike (Route 2) with a route to Cambridge and Downtown Boston
- Route 2 provides access toward the Route 128/I‑95 life science/technology corridor
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
Explore this area
Business Placement
Demographics for 01742, MA
18,545
Population
6,659
Households
2.8
Avg Household Size
47
Median Age
79%
College-Educated
96%
High-School Grad
24.1 sq mi
ZIP Area
770
Density / Sq Mi
$211,435
Median Household Income
$112,975
Median Earnings
$2,471
Median Rent
$1,139,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Best Western hotel with 105 rooms on a 3.5-acre parcel with direct access to Route 2.
Where is this hotel located?
The property is located at 740 Elm St Concord, MA.
What are key features of this property?
This property features: 105‑room Best Western hotel on a 3.5‑acre parcel at 740 Elm Street in Concord, MA; Direct site access to Concord Turnpike (Route 2) with a route to Cambridge and Downtown Boston; Route 2 provides access toward the Route 128/I‑95 life science/technology corridor
