Six-Suite Retail
New
For Sale
$2,500,000
459-465 Washington St, Holliston, MA 01746
Five occupied storefronts serve food, liquor, and jewelry businesses, alongside one vacant suite.
Property Size7,063 SF
Lot Size1.53 Acres
Price / SF$353.96
Days on Market2
Property Features for 459-465 Washington St
General Information
Standard status
Active
Size
7,063 SF
Lot size
1.53 Acres
Property subtype
Commercial
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$16,700
Building Details
Year Built
1967
Tenancy
Multi
Listing Agency:
Northeast Private Client Group
(781) 933-2500
Listed By:
Tom Egbers · License #9585952
(857) 216-7792
Source:
Kiklisre
Added: Oct 28
Last Checked: Oct 28 at 6:37AM
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 Northeast Private Client Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1967, this six-suite retail property contains 7,063 rentable square feet. Five suites house Subway, Kings Pizza, Jings Garden, a liquor store, and a jewelry store. Suite areas range from 563 to 1,900 square feet; one 1,600-square-foot space is vacant and available for leasing.
The plaza occupies 1.53 acres at 459-465 Washington St in Holliston, Massachusetts. Its buildings cover approximately 11% of the site.
The plaza occupies 1.53 acres at 459-465 Washington St in Holliston, Massachusetts. Its buildings cover approximately 11% of the site.
Key Highlights
- 7,063 rentable square feet across six retail suites
- 1.53‑acre site; buildings cover approximately 11% of the property
- Five occupied suites include Subway, Kings Pizza, Jings Garden, a liquor store, and a jewelry store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,515
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,030,300
$2.0M
Cap Rate 7%
$1,450,214
$1.5M
Cap Rate 9%
$1,127,944
$1.1M
Market Conditions
NOI Build-Up for 7,063 SF
Gross rent
$155.1K $21.96/SF
− Vacancy
−$10.1K −$1.43/SF
EGI
$145.0K $20.53/SF
− OpEx
−$43.5K −$6.16/SF
NOI
$101.5K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,030,300
Cap Rate 7%
$1,450,214
Cap Rate 9%
$1,127,944
Alternative Uses
Best Use
Retail
$1.45M
$1.27M – $1.69M
NOI $101,515 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.18M
$3.66M – $4.88M
NOI $292,689 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 01746, MA
14,996
Population
5,774
Households
2.6
Avg Household Size
43
Median Age
66%
College-Educated
96%
High-School Grad
18.7 sq mi
ZIP Area
802
Density / Sq Mi
$154,684
Median Household Income
$75,457
Median Earnings
$1,651
Median Rent
$620,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Shopping center - Five occupied storefronts serve food, liquor, and jewelry businesses, alongside one vacant suite.
Where is this shopping center located?
The property is located at 459-465 Washington St Holliston, MA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 7,063 rentable square feet across six retail suites; 1.53‑acre site; buildings cover approximately 11% of the property; Five occupied suites include Subway, Kings Pizza, Jings Garden, a liquor store, and a jewelry store
