861 Edgell Rd Framingham, MA 01701
- Retail space
- 13,327 SF
- 1.04 lot acres
Current Use by Public Records
- Ellesentrix Hair Design / Beauty Salon / Hair Salon
- Gianni's Pizza & Sub's Inc / Pizza Restaurant / Delivery Restaurant
- Baystate Sports Cards and Memorabilia / Sports Memorabilia Store
- Anubhava School Of Music / Music School
- Honey Dew Donuts / Dessert Shop / Fast Food Restaurant
Property Details for 861 Edgell Rd
- Year built
- 1974
- Construction
- STEEL FRAME
- Lot size
- 1.04 lot acres
- Property size
- 13,327 SF
- Zone code
- B-2
- Property type
- Retail space
- APN
- FRAM M:037 B:34 L:6470 U:000
- APU
- FRAMM037B34L6470U000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,840,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,565,000
- 6.5%
- $2,605,000
- 7%
- $2,340,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,785,000
- Geo Method
- $2,215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,665,000
- Retail
- $2,455,000
- Mixed-Use
- $2,345,000
- Hospitality
- $2,270,000
- Educational
- $2,900,000
- Residential Income
- $2,245,000
- Energy
- $2,605,000
- Income-Based Land
- $2,810,000
- Food Service
- $2,115,000
Location Insight
- Map
- Local Demand
- City
- Framingham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4352
- Latitude
- 42.3276
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
