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    190 Fountain St Framingham, MA 01702
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    Property profile & analytics

    190 Fountain St Framingham, MA 01702


    • Manufacturing properties
    • 29,028 SF
    • 1.07 lot acres
    Framingham Flex/Manufacturing Building For Lease
    $6,100,000
    32,696 SF

    Framingham Flex/Manufacturing Building

    32,696 SF flex/manufacturing building for lease in Framingham.

    190 Fountain St, Framingham, MA 1702
    View Listing
    Property ID
    US38-0760363
    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.

    Value Estimations
    $6,100,000
    Cap Rate Potential
    5.5%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • Ian's Natural Foods / Industrial Manufacturer / Production Facility
    • Blue Horizon Wild / Big Box & Wholesale Store / Food Market
    • Elevation Brands / Big Box & Wholesale Store / Food Market

    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,635,000
      ML approach
      $5,700,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,145,000
      6.5%
      $4,750,000
      7%
      $4,410,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,377,000
      Market price range: $2.49M - $7.38M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,455,000
      Current use
      RESTAURANT
      $8,425,000
      Change: +89% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $8,170,000
      Change: +83% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $8,045,000
      Change: +81% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $6,690,000
      Change: +50% Conversion: Difficult
      RETAIL STORES
      $6,235,000
      Change: +40% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $5,015,000
      Change: +13% Conversion: Difficult
      WAREHOUSE, STORAGE
      $4,220,000
      Change: -5% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    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

    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
    $154,663
    $927,700
    $5,159,000
    $6,086,700
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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