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    861 Edgell Rd Framingham, MA 01701

    Sponsored
    For Lease
    $18 SF/Yr ($19,995 /Mo)

    Prime Retail Space, 2,000 SF Available

    Lot size:
    13,330 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 861 Edgell Rd in Framingham, offers a versatile 2,000 square foot space ideal for a variety of businesses. Situated on a 1.04-acre lot (43,000 square feet), the property boasts a total building size of 13,330 square feet, with ample parking for 42 vehicles. The building, constructed in 1974 and renovated in 1980, is classified as Class B and features a two-story design. The zoning is AR11, allowing for a range of commercial uses. While the building currently has a single tenant, this 2,000 square foot space is immediately available for lease. The property's building floor area ratio (FAR) is 0.29. This location provides excellent accessibility and proximity to essential amenities, making it an attractive option for businesses seeking a thriving commercial environment. The property presents a unique opportunity to establish or expand a business in a well-established area. No elevators are present in the building. This space is adaptable to various business needs, from offices and studios to service-based enterprises. Don't miss this chance to secure a prime retail location in a bustling Framingham area.

    Property Features for 861 Edgell Rd

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,330 SF
    Class
    B
    Total Rate
    19995

    Building Details

    Year Built/Renovated
    1974/1980
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    2,000 SF
    Rate per SF
    $18

    HighLights

    • 13,330 SF retail/special purpose building on a 1.04‑acre lot (43,000 SF).
    • Single‑tenant occupancy with 2,000 SF currently vacant.
    • Class B building, constructed in 1974, renovated in 1980.
    • Features 42 parking spaces and is zoned AR11.
    • Two‑story building with no elevators.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ellesentrix Hair Design Beauty Salon Gianni's Pizza & Sub's ... Pizza Restaurant Baystate Sports Cards ... Sports Memorabilia Store Anubhava School Of Music Music School Honey Dew Donuts Donut Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.431242282613
    Latitude
    42.144531861826

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    FAQs

    What type of property is this?
    Specialty property - Prime Retail Space, 2,000 SF Available
    Where is this specialty property located?
    The property is located at 861 Edgell Rd Framingham, MA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 13,330 SF retail/special purpose building on a 1.04-acre lot (43,000 SF).; Single-tenant occupancy with 2,000 SF currently vacant.; Class B building, constructed in 1974, renovated in 1980.
    Request Owner's contact information
    861 Edgell Rd Framingham, MA 01701
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    Framingham, MA 01701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    861 Edgell Rd Framingham, MA 01701
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