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Property summary
This exceptional commercial real estate opportunity presents two beautifully preserved historic buildings totaling over 22,000 square feet, ideally situated in the heart of downtown Framingham, Massachusetts. The property, located at 74 Concord Street and 15 Park Street, offers a unique blend of traditional and modern office space, perfect for a variety of businesses. The buildings boast a combined two stories, providing ample space for expansion and customization. The property is currently… configured as single-tenant space, offering flexibility for a single large occupant or potential subdivision for multiple tenants. 74 Concord Street comprises over 12,000 square feet, while the adjacent 15 Park Street building offers over 10,000 square feet. This prime location provides unparalleled convenience, with easy access to City Hall and the MBTA, ensuring excellent accessibility for employees and clients. The buildings' rich history, previously housing the Framingham Savings Bank, adds a unique character and charm. This is a rare chance to acquire a significant presence in a revitalizing downtown area, offering a compelling investment opportunity for businesses seeking a prestigious and well-located office space in Framingham, MA, zip code 01702. The property is classified as Retail, Office, and Special Purpose, with subtypes including Traditional Office, Executive Office, and Creative Office. This versatile space is ready for immediate occupancy and offers significant potential for future growth.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 13 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 12,812 SF
- Lot area
- 0.22 ac
- Year built
- 1933
- Stories
- 1
- APN
- FRAM M:128 B:86 L:5389 U:000
- Zoning
- CB
- Assessed value · 2024
- $883,700
- Annual tax · 2024
- $22,455
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $22,455
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The Central Business (CB) District design standards have been developed to promote quality development that preserves and enhances Downtown Framingham history and character, and further encourages a walkable, pedestrian-…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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