Downtown Retail and Redevelopment
16 Railroad Ave Foxboro, MA 02035
New
For Sale
$1,000,000
Two contiguous General Business parcels total 0.73 acres with a 4,050± SF commercial building and a separately deeded vacant lot.
Property Size4,050 SF
Lot Size0.73 Acres
Price / SF$246.91
Days on Market2
Property Features for 16 Railroad Ave
General Information
- Standard status
- Active
- Size
- 4,050 SF
- Lot size
- 0.73 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1958
Listing Agency:
Keller Williams Realty
(617) 642-3986
Listed By:
William Lord
(617) 642-3986
Source:
Thefirmreg
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 5:47PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This rare downtown Foxborough assemblage consists of two contiguous General Business (GB) parcels totaling approximately 0.73 acres and featuring more than 200 feet of frontage on Railroad Ave. The offering includes a 4,050± SF commercial building plus a separately deeded vacant lot, providing flexibility for a range of ownership strategies, including owner occupancy, investment, expansion, or redevelopment, subject to local approvals.
The property is supported by ample on-site parking, with approximately 43 municipal spaces located directly across Railroad Avenue in the Schneider public parking lot. The location offers strong visibility and central General Business zoning, with access to the municipal sewer district and convenient connections to Route 1 and I-95.
With frontage, parking, and a combination of improved and vacant land, the site can accommodate multiple commercial concepts, including office, retail, medical, restaurant, and mixed-use, as approved locally.
The property is supported by ample on-site parking, with approximately 43 municipal spaces located directly across Railroad Avenue in the Schneider public parking lot. The location offers strong visibility and central General Business zoning, with access to the municipal sewer district and convenient connections to Route 1 and I-95.
With frontage, parking, and a combination of improved and vacant land, the site can accommodate multiple commercial concepts, including office, retail, medical, restaurant, and mixed-use, as approved locally.
Key Highlights
- Two contiguous General Business (GB) parcels total approx. 0.73 acres in downtown Foxborough.
- Includes a 4,050± SF commercial building plus a separately deeded vacant lot for added flexibility.
- 200+ of frontage on Railroad Ave.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.1k | $24.96 |
| − Vacancy | −$2.6k | −$0.65 |
| EGI | $98.5k | $24.31 |
| − OpEx | −$29.5k | −$7.29 |
| NOI | $68.9k | $17.02 |
4,050 SF · lease $24.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$984.6K
$861.5K – $1.15M
NOI $68,922 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,831 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Webber Electric Services
Electrical Service
Similar Off Market Nearby
- Judy's Village Flowers — 34 School St, Foxborough, MA 02035
- Stop & Shop Florist — 141 Main St, Foxborough, MA 02035
FAQs
What type of property is this?
Storefront property - Two contiguous General Business parcels total 0.73 acres with a 4,050± SF commercial building and a separately deeded vacant lot.
Where is this storefront property located?
The property is located at 16 Railroad Ave Foxboro, MA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Two contiguous General Business (GB) parcels total approx. 0.73 acres in downtown Foxborough.; Includes a 4,050± SF commercial building plus a separately deeded vacant lot for added flexibility.; 200+ of frontage on Railroad Ave.
