1154 Worcester Rd Framingham, MA 01702-5204
Property profile & analytics
1154 Worcester Rd Framingham, MA 01702-5204
- Retail space
- 3,442 SF
- 0.39 lot acres
Property ID
US38-0525245
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Phillip De Palma Hair Camp / Hair Salon / Nail 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
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $825,000
- 6.5%
- $760,000
- 7%
- $705,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $435,000
Market price range: $146k - $490k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $740,000 Current use
- AUTO REPAIR, GARAGE
- $970,000 Change: +31% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $955,000 Change: +29% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $595,000 Change: -20% Conversion: Easy
Get a detailed, property-specific estimation — 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
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,633
$333,900
$320,700
$654,600
-
$0.00
$0.00
$0.00
