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    FOR SALE
    Retail space

    861 Edgell Rd, Framingham, MA 01701

    13,327 SF 1.04 ac lot Built 1974
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US38-0830776
    Property summary
    AI-generated overview

    This exceptional retail property, located at 861 Edgell Rd in Framingham, offers a versatile 2,000 square foot space ideal for a variety of businesses. Situated on a 1.04-acre lot (43,000 square feet), the property boasts a total building size of 13,330 square feet, with ample parking for 42 vehicles. The building, constructed in 1974 and renovated in 1980, is classified as Class B and features a two-story design. The zoning is AR11, allowing for a range of commercial uses. While the building currently has a single tenant, this 2,000 square foot space is immediately available for lease. The property's building floor area ratio (FAR) is 0.29. This location provides excellent accessibility and proximity to essential amenities, making it an attractive option for businesses seeking a thriving commercial environment. The property presents a unique opportunity to establish or expand a business in a well-established area. No elevators are present in the building. This space is adaptable to various business needs, from offices and studios to service-based enterprises. Don't miss this chance to secure a prime retail location in a bustling Framingham area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1974
    Construction STEEL FRAME
    Total area 13,327 SF
    Lot 1.04 ac (45,433 SF)
    Zoning code B-2
    APN FRAM M:037 B:34 L:6470 U:000
    UPID US38-0830776
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ellesentrix Hair Design Hair Salon Nail Salon
    • Gianni's Pizza & Sub's Inc Restaurant
    • Baystate Sports Cards and Memorabilia (Bike/Boat/Book/etc) Store
    • Anubhava School Of Music Vocational School Training Center
    • Honey Dew Donuts Bakery Discount Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.50M
    CAP Approach CAP
    $2.95M
    Comparable Approach Comparable
    $2.60M
    Blend (final) Blend
    $2.53M
    Owner & transaction history
    Aa God Win LLC · 4 yrs held
    Aa God Win LLC
    since 2021
    Last sale
    $2.5M
    5 recorded transactions
    2021
    $2.5M
    2011
    2010
    1996
    1991
    Zoning & alternative use
    B-2 · Framingham, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $3.9M +35.2%
    Auto repair, garage $3.8M +31.1%
    Neighborhood: shopping center $3.7M +29.0%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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