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665 Cochituate Rd Framingham, MA 01701

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For Sale
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10,240 SF Office/Retail, Strong Income

Property Features for 665 Cochituate Rd

General Information

Property type
Retail properties
Class
B

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Listing Contact
Jonathan Aron
Jonathan Aron

Listing Agency: KeyPoint Partners, LLC Listing Agent: Jonathan Aron

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional mixed-use property, located at 665 Cochituate Road in Framingham, Massachusetts, presents a compelling investment opportunity. The 10,240 square foot, two-story building boasts a prime location near major employers like TJ Maxx corporate offices, and prominent shopping destinations such as the Natick Mall and Shoppers World, with convenient access to the Massachusetts Turnpike (exit 117). The property benefits from strong demographics, with 149,000 residents within a five-mile radius exhibiting an average household income of $209,000. Currently, the first floor is occupied by Temescal Wellness, a well-established cannabis dispensary, under lease since 2017. The second floor will be occupied by Hospitality Suites HQ, a joint venture including IWG, a global leader in shared office spaces, commencing January 1st, 2025. This provides a stable income stream for investors. Importantly, the second floor can be delivered vacant prior to December 1st, 2024, presenting a unique opportunity for user-buyers seeking to occupy the space. The building is classified as Class B and is offered at an asking price of $4,666,000. This stabilized investment property offers a blend of secure tenancy and potential for future growth, making it an attractive proposition for discerning investors. The property is a mixed-use building, categorized as Traditional Office, and represents a stabilized investment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Temescal Wellness (Bike/Boat/Book/etc) Store Heather Keppeler, Real ... Real Estate Agency Camiel David Law Firm Sue Beaudet Realtor Real Estate Agency

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Framingham
County
Middlesex
State
Massachusetts
Longitude
-71.3849603
Latitude
42.3075656

FAQs

What type of property is this?
Retail property - 10,240 SF Office/Retail, Strong Income
Where is this retail property located?
The property is located at 665 Cochituate Rd Framingham, MA.
What is the asking price?
The asking price for this property is $4,666,000.
What are key features of this property?
This property features: 10,240 SF two-story building.; Prime Natick location near TJ Maxx, Natick Mall, Shoppers World, and Mass Turnpike Exit 117.; Ground floor leased to Temescal Wellness (since 2017); second floor leased to Hospitality Suites HQ (IWG JV) starting 1/1/2025.
(781) 418-6225 Call to check price and availability
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