575 Worcester Rd, Framingham, MA 01701-5360
- Grocery and convenience stores
- 44,044 SF
- 2.90 lot acres
Current Use by Public Records
- WFM Coffee Bar / Cafe & Coffee Shop
- Appliance Repair Framingham / Home Appliance Store
- Whole Foods Market / Grocery & Convenience Store / Food Market
- Market Cocina / Restaurant
- Amazon Locker - Framingham / Marketing & Advertising / IT Consulting Firm
Property Details for 575 Worcester Rd
- Year built
- 1997
- Construction
- STEEL FRAME
- Lot size
- 2.90 lot acres
- Zone code
- B
- Property type
- Grocery and convenience stores
- APN
- FRAM M:101 B:73 L:4822 U:000
- APU
- FRAMM101B73L4822U000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 17, 2020 | — | 575 Worcester Rd LLC | — | Deed · related | $27.7M · Avidia Bank |
| Jan 12, 2018 | — | 575 Worcester Road LLC | — | Deed · related | $8.5M · Td Bank NA |
| Jun 30, 2008 | — | 575 Worcester Road LLC | — | Deed Of Trust · related | $9.3M · Banknorth NA |
| Aug 24, 1998 | — | 575 Worcester Rd LLC | — | Deed Of Trust · related | $7.5M · Zuckerman Family Nomi |
| Jan 24, 1997 | $3,500,000 | 575 Worcester Rd LLC | J&p Framingham T | Grant Deed | $4.8M · Metrowest Bank |
Description
This exceptional retail opportunity presents 6,272 square feet of vacant space within a thriving strip center located at 575 Worcester Road, Framingham, Massachusetts, 01701. Situated in Middlesex County, this property offers multiple spaces available, with a minimum divisible space of 2,892 square feet and a maximum contiguous space of 3,380 square feet. The entire 6,272 square foot building is currently vacant, presenting a unique chance for a single tenant to occupy the entire space or for multiple tenants to lease individual units. The property's prime location on Worcester Road ensures high visibility and accessibility, benefiting from significant foot traffic and vehicular access. This makes it an ideal location for a variety of retail businesses seeking a strong presence in a bustling Framingham community. The property is classified as a retail strip center, offering ample parking and convenient access for customers. This is a rare opportunity to secure a substantial retail space in a desirable location with high potential for growth and success. The property's address is 571-575 Worcester Road. Serious inquiries are encouraged to explore this exceptional retail investment.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $5,003,000
Market price range: $1.51M - $7.84M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $9,460,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $10,150,000 Change: +7% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $7,615,000 Change: -19% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Framingham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4214
- Latitude
- 42.2985
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA