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Property profile & analytics

1617 Concord St Framingham, MA 01701-3532

  • Turn key restaurants
  • 1,200 SF
  • 0.09 lot acres
OFF-MARKET
Value Estimation
$220,000
Location Intelligence
Property ID
US38-1253335
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.

Current Use by Public Records

  • Brazilian family Bakery / Bakery / Confectionery Store

Property Details for 1617 Concord St

Year built
1942
Construction
FRAME
Lot size
0.09 lot acres
Property size
1,200 SF
Zone code
B-1
Property type
Turn key restaurants
APN
FRAM M:050 B:33 L:4331 U:000
APU
FRAMM050B33L4331U000

Description

This exceptional business opportunity presents the chance to acquire a well-established and highly profitable Brazilian family bakery located in a prime business intersection of North Framingham, a rapidly growing area within Boston's MetroWest region. Operating successfully since January 2022, this bakery boasts a substantial and loyal customer base, built upon consistent high-quality products and excellent service. Currently employing eight staff members (five front-of-house and three in the back), the bakery operates with extended hours, from 5:30 AM to 9:00 PM, offering significant potential for further expansion. The sale includes all equipment, which is entirely paid off, eliminating any outstanding debt. A significant portion of revenue is generated through a thriving delivery service, further highlighting the business's strong operational foundation and growth potential. The current lease is long-term and features a low monthly rent, ensuring financial stability and minimizing overhead costs. This turnkey operation offers immediate income generation and substantial room for expansion, making it an unparalleled investment opportunity in the thriving Framingham market. A confidentiality agreement is required before any further information is disclosed. Serious inquiries only.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $225,000
  • CAP approach

    CAP return
    Estimation
    6%
    $200,000
    6.5%
    $185,000
    7%
    $190,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $200,000
    Geo Method
    $200,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $200,000
    Retail
    $190,000
    Mixed-Use
    $180,000
    Hospitality
    $175,000
    Educational
    $165,000
    Residential Income
    $165,000
    Energy
    $185,000
    Income-Based Land
    $160,000
    Food Service
    $190,000

Location Insight

  • Map
  • Local Demand
City
Framingham
County
Middlesex
State
Massachusetts
Longitude
-71.3992
Latitude
42.3246
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
$8,197
$167,900
$154,700
$322,600
-
$0.00
$0.00
$0.00
More about this property
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