Property profile

1583 Worcester Rd Framingham, MA 01701

OFF-MARKET
Turn key restaurants
Property ID
US38-1865121
8,351 SF 1.34 ac lot Built 1955
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1955
Construction FRAME
Total area 8,351 SF
Lot 1.34 ac (58,240 SF)
Zoning code B
APN FRAM M:097 B:33 L:5372 U:000
UPID US38-1865121

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Nightclub Theater & Performing Art Venue
  • Nightclub DJ & Entertainment
  • Restaurant

Location

1583 Worcester Rd Framingham, MA 01701-5403
Framingham metro Census 384003 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.89M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.87M

Owner & transaction history

since 2025
Last sale
$3.2M
7 recorded transactions
2025
Price N/A
2023
$3.2M
2019
Price N/A
2017
Price N/A
2012
$1.2M
2012
Price N/A
1994
$796,731

Zoning & alternative use

B · Framingham, MA
Zoning description

B-1), Community Business (B-2), General Business (B-3 and B-4), Central Business (CB), and Business (B). (1) Neighborhood Business: B-1. The purpose of the Neighborhood Business District is to preserve and encourage the…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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