Building Details

Building Size 2,677 SF

Year Built 1900

Listing Agency: Commercial Property Advisors, LLC Show Phone

Listed By: Marci Alvarado Show Phone

Source: Elliman

Added: Jul 19 Changed: Aug 30 Last Checked: Aug 30 at 6:39AM

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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 Commercial Property Advisors, LLC

Investment Insights

Based on property information with market context.

This storefront property at 389 Worcester in Framingham, Massachusetts, was built in 1900. The surrounding area records a walk score of 81, indicating a very walkable setting, while the transit score of 28 reflects some available transit service. A bike score of 52 indicates a bikeable area.

Key Highlights

• Built in 1900
• Walk score: 81, Very Walkable
• Bike score: 52, Bikeable

Property Analytics

Property Profile

Current Use

Tai Chi Massage ... Alternative Medicine Practice Dab Smoke Shop (Bike/Boat/Book/etc) Store Mjp Dental Inc Dental Office Tai Chi massage ... Alternative Medicine Practice Super Print INC Marketing & Advertising

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Plumbing Service Barber Shop Nursing Home Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$3.45 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,380

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 01701, MA

33,005

Population

13,131

Households

2.5

Avg Household Size

44

Median Age

61%

College-Educated

95%

High-School Grad

16.9 sq mi

ZIP Area

1,953

Density / Sq Mi

$127,000

Median Household Income

$69,672

Median Earnings

$1,973

Median Rent

$612,600

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Storefront space in a very walkable area with some transit access.

Where is this storefront property located?

The property is located at 389 Worcester Framingham, MA.

What is the lease rate?

The lease rate is $23 SF/Yr.

What are key features of this property?

This property features: Built in 1900; Walk score: 81, Very Walkable; Bike score: 52, Bikeable