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495 Old Connecticut Path, Framingham, MA 01701

Three-story brick office building with passenger elevator, ample parking, and efficient floor plans.

Space Size4,196 SF
Days on Market1136

Property Features for 495 Old Connecticut Path

General Information

Standard status Active
Size 4,196 SF
Property subtype OFFICE
Occupancy 87%

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

passenger elevator
exterior building signage
separately metered utilities

Building Details

Year Built 1982
Year Renovated 2022
Stories 3
Construction brick and steel frame
Tenancy Multi

Spaces For Lease

at 495 Old Connecticut Path Contact us

495 Old Connecticut Path $22/SF/Yr

Floor
2
Size
4,196 SF
Type
OFFICE
Lease Type
PLUS_UTILITIES
Availability
AVAILABLE, Now
Sublease
No
- 495 Old Connecticut Path is an attractive, well located three story 12,670 square...
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Listing Agency: New Dover Associates, Inc.
Listed By: Scott R. Hughes
Source: Moodyscre
Added: Jul 31, 2023 Changed: Aug 31 Last Checked: Sep 8 at 11:05AM

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 New Dover Associates, Inc.

Investment Insights

Based on property information with market context.

495 Old Connecticut Path is a three-story, 12,670-square-foot brick and steel-frame multi-tenant office building built in 1982. The property features a generous window line, efficient floor plans, a passenger elevator, and excellent parking. Renovations were completed in 2008 and 2022, and utilities are separately metered for each tenant. A full third-floor space of 4,196 RSF is available immediately, and two full floors totaling 8,392 RSF (second and third floors) can be available by February 1, 2024. The building also supports an office condominium conversion, and prominent exterior signage is available.

The property is located at the intersection of Spean Street and Old Connecticut Path, one mile from the Mass Pike (I-90) at Exit 117, with access to Routes 9, 30, 27, 126, and 135. Nearby shopping includes Natick Mall and Shoppers World, and additional amenities are in the surrounding area, including Logan Express and Life Time fitness directly across the street.

Zoning allows for office use among other uses, including medical office, bank/credit union, and R&D or lab uses.

Key Highlights

  • 12,670 SF, three‑story brick and steel‑frame multi‑tenant office building built in 1982 with a passenger elevator.
  • Currently 87.44% leased to four tenants with separately metered utilities for each tenant.
  • Renovated in 2008 and 2022; prominent exterior signage location.

Property Analytics

Current Use

Partner Engineering and Science, ... Environmental Consultant New Dover Associates, ... Real Estate Agency Technical Staffing Associates Employment Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Grocery & Convenience Store Pet Grooming Service Auto Parts Store Plumbing Service

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

87.4%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

807
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-story brick office building with passenger elevator, ample parking, and efficient floor plans.
Where is this office building located?
The property is located at 495 Old Connecticut Path Framingham, MA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 12,670 SF, three‑story brick and steel‑frame multi‑tenant office building built in 1982 with a passenger elevator.; Currently 87.44% leased to four tenants with separately metered utilities for each tenant.; Renovated in 2008 and 2022; prominent exterior signage location.
(508) 370-0405 Call to check price and availability
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