9 Saucier St Framingham, MA 01702-8510
- Investment properties
- 816 SF
- 0.08 lot acres
Current Use by Public Records
- Micro-Cast Dental Lab Inc / Dental Laboratory
Property Details for 9 Saucier St
- Year built
- 1987
- Construction
- FRAME
- Lot size
- 0.08 lot acres
- Property size
- 816 SF
- Zone code
- M
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- FRAM M:134 B:64 L:2636 U:000
- APU
- FRAMM134B64L2636U000
Description
This exceptional 1,296-square-foot Class A creative office building in Framingham, MA, is available for sale at $295,000. Located at 9 Saucier St., this single-unit property boasts a 9% cap rate and a desirable NNN lease type. Completely renovated in 2021, the building features a new roof, electrical panel, and bathrooms, ensuring move-in readiness. The open layout is ideal for various creative uses, with a back room featuring vaulted ceilings—previously utilized as a photography studio and dental lab. The property is zoned for manufacturing, offering flexibility for diverse businesses. Situated within a two-minute walk of the Framingham Commuter Rail, restaurants, and shopping, this location provides unparalleled convenience. Built in 1987 and extensively renovated in 2021, this one-story building presents a unique opportunity for owner-occupancy or investment. The property is currently vacant and ready for immediate occupancy, with an anticipated occupancy date of August 17, 2024. The net rentable square footage is 1,296 square feet, with a price per square foot of $227.62. Residential use is not permitted. This is a single-building property with a single tenant space. The property is in Middlesex County, MA, zip code 01702.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $265,000
- 6.5%
- $235,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $270,000
- Mixed-Use
- $210,000
- Hospitality
- $200,000
- Educational
- $215,000
- Residential Income
- $260,000
- Energy
- $260,000
- Income-Based Land
- $220,000
- Food Service
- $235,000
Location Insight
- Map
- Local Demand
- City
- Framingham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4258
- Latitude
- 42.2734
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
