190 Fountain St Framingham, MA 01702
- Manufacturing properties
- 29,028 SF
- 1.07 lot acres
Current Use by Public Records
- Ian's Natural Foods / Manufacturer / Health Food Store
- Blue Horizon Wild / Food Products Supplier
- Elevation Brands / Food Products Supplier / Manufacturer
Property Details for 190 Fountain St
- Year built
- 1956
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.07 lot acres
- Property size
- 29,028 SF
- Zone code
- M
- Property type
- Manufacturing properties
- APN
- FRAM M:133 B:35 L:9302 U:000
- APU
- FRAMM133B35L9302U000
Description
This ±32,696 square foot warehouse building at 190 Fountain Street in Framingham, Massachusetts, presents a unique investment opportunity. Located in Middlesex County, zip code 01702, this industrial property, built in 1956, offers flexible space options ranging from a minimum of 2,100 square feet to a maximum contiguous space of 16,595 square feet. Currently, 36,695 square feet is vacant and available for lease or purchase. The building features three loading docks, high ceilings ranging from 16 to 19 feet, and is zoned for manufacturing. Its versatile design caters to various needs, including warehouse/storage, cold storage, industrial kitchens, and food processing. The temperature-controlled space is ideal for specific manufacturing or storage requirements. The property sits on approximately 1.07 acres and allows for subdivision to accommodate multiple tenants or a single large user. This established warehouse offers a compelling opportunity for businesses seeking efficient and adaptable industrial space in a prime Framingham location. The property is suitable for a variety of industrial uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,800,000
- 6.5%
- $6,150,000
- 7%
- $6,905,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,750,000
- Geo Method
- $6,835,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,375,000
- Retail
- $6,670,000
- Mixed-Use
- $6,360,000
- Hospitality
- $5,905,000
- Educational
- $6,335,000
- Residential Income
- $6,095,000
- Energy
- $7,435,000
- Income-Based Land
- $7,440,000
- Food Service
- $5,815,000
Location Insight
- Map
- Local Demand
- City
- Framingham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4345
- Latitude
- 42.2752
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
