74 Concord St, Framingham, MA 01702
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.
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Enigma Store Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CB · Framingham, MAFramingham. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.