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    770 Water St Framingham, MA 01701

    Sponsored
    For Lease
    Contact for pricing

    Framingham, MA: Prime Retail Opportunity

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional new construction retail space, located within the vibrant Nobscot Village in Framingham, Massachusetts, presents a unique leasing opportunity. Situated in a thriving mixed-use development, this property offers 10,000 square feet of vacant, ground-level retail space, ideal for a variety of businesses. The building is part of a larger project that includes 158 luxury apartments, ensuring a built-in customer base and high foot traffic. The space is divisible, with a minimum leasable area of 4,000 square feet and a maximum contiguous space of 6,000 square feet, providing flexibility for businesses of varying sizes. This presents an excellent chance to establish a presence in a rapidly growing area of MetroWest, benefiting from the synergy of a bustling residential community. The property is located in Middlesex County, offering easy access to major transportation routes and a diverse customer demographic. This is a rare opportunity to secure prime retail space in a brand-new, high-profile development, perfectly positioned for success. The modern design and convenient location make this an attractive option for businesses seeking a high-visibility location with strong potential for growth. Don't miss this chance to be part of a thriving community.

    Property Features for 770 Water St

    General Information

    Property type
    Mixed-use properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Unit(s) available at that property

    Space
    West Retail
    Size
    6,000 SF
    Space
    East Retail
    Size
    4,000 SF

    HighLights

    • 10,000 square foot retail building in Middlesex County, MA.
    • Multiple tenancy available, with spaces ranging from 4,000 to 6,000 contiguous square feet.
    • Entire building (10,000 SF) currently vacant.
    • New construction in a mixed‑use development including 158 luxury apartments.
    • Ground floor retail and restaurant spaces available in Framingham, MA's MetroWest area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -71.4353502
    Latitude
    42.3286514

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    FAQs

    What type of property is this?
    Mixed-use property - Framingham, MA: Prime Retail Opportunity
    Where is this mixed-use property located?
    The property is located at 770 Water St Framingham, MA.
    What are key features of this property?
    This property features: 10,000 square foot retail building in Middlesex County, MA.; Multiple tenancy available, with spaces ranging from 4,000 to 6,000 contiguous square feet.; Entire building (10,000 SF) currently vacant.
    Request Owner's contact information
    770 Water St 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
    770 Water St Framingham, MA 01701
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