1154 Worcester Rd Framingham, MA 01702-5204
- Retail space
- 3,442 SF
- 0.39 lot acres
Current Use by Public Records
- Phillip De Palma Hair Camp / Beauty Salon / Hair Salon
- Hair by Arnela / Hair Salon
Property Details for 1154 Worcester Rd
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.39 lot acres
- Property size
- 3,442 SF
- Zone code
- B
- Property type
- Retail space
- APN
- FRAM M:099 B:13 L:2844 U:000
- APU
- FRAMM099B13L2844U000
Description
This exceptional retail property at 1154 Worcester Road, Framingham, MA, presents a unique investment opportunity. Boasting a prime location on Route 9, this iconic storefront offers unparalleled visibility and accessibility. The building features expansive windows, maximizing natural light and creating an inviting atmosphere for customers. A large skylight further enhances the bright and airy feel, extending this benefit to both the first and second floors. The property includes a full basement, currently configured as office space, adding significant versatility. The first and second floors have historically been used for retail purposes, most recently as a long-standing hair salon (operating since the 1980s). A substantial commercial parking lot provides ample space for over 25 vehicles. Its strategic location near the Natick Mall/Shoppers World, numerous restaurants, Framingham State University, and MassBay Community College ensures high foot traffic and a diverse customer base. The property sits within Framingham's cannabis overlay district, opening doors to a wider range of potential businesses. The 0.39-acre lot provides ample space for expansion or outdoor amenities. The asking price is $1,250,000. The seller is open to a one-year leaseback arrangement. This is a rare chance to acquire a well-established retail space in a thriving area with significant growth potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $385,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $435,000
Market price range: $146k - $490k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Framingham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4443
- Latitude
- 42.2986
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA