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Retail Space on Union Avenue
For Lease
$2,500/Mo

545-B Union Ave, Framingham, MA 01702

Retail space on high-traffic corridor near university and medical center.

Space SizeContact for details
Days on Market109

Property Features for 545-B Union Ave

General Information

Standard status Active
Zoning B2

Building Details

Year Built 1966
Listing Agency: Pablo Maia Realty
Listed By: Pablo Maia
Source: Liongatere
Added: Apr 25 Changed: Aug 8 Last Checked: Aug 11 at 1:53PM

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 Pablo Maia Realty

Investment Insights

Based on property information with market context.

The retail space at 545B Union Ave is located on a high-traffic corridor connecting Route 9 to downtown Framingham. The location benefits from proximity to Framingham State University and MetroWest Medical Center. The space includes a modern, energy-efficient LED lighting system with automatic sensors, and a 4-zone Samsung HVAC system providing heating and central air. The layout features a retail area, restroom, and dedicated storage. The storefront provides visibility. There are ten parking spaces available, shared with an adjacent tenant. A dumpster is located at the rear of the property, where parking is not permitted. An additional $200 per month covers common area maintenance. The property is leased as-is.

Key Highlights

  • High‑traffic location connecting Route 9 to downtown Framingham.
  • Close proximity to Framingham State University and MetroWest Medical Center.
  • Modern, energy‑efficient LED lighting with automatic sensors.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Barber Shop Storage Facility (Bike/Boat/Book/etc) Store Electrical Service Hotel & Motel 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,249
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 68% Shops & Services 32%
Dunkin' Donuts Dining
7,647 visits/mo 0.2 miles
TD Bank Shops & Services
3,517 visits/mo 0.2 miles

Demographics for 01702, MA

39,515
Population
15,303
Households
2.6
Avg Household Size
35
Median Age
39%
College-Educated
83%
High-School Grad
8.2 sq mi
ZIP Area
4,819
Density / Sq Mi
$78,784
Median Household Income
$41,792
Median Earnings
$1,822
Median Rent
$563,600
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space on high-traffic corridor near university and medical center.
Where is this retail space located?
The property is located at 545-B Union Ave Framingham, MA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: High‑traffic location connecting Route 9 to downtown Framingham.; Close proximity to Framingham State University and MetroWest Medical Center.; Modern, energy‑efficient LED lighting with automatic sensors.
More about this property
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