Welcome to 472-474 Concord Street, a uniquely positioned prime retail property, featuring a 1,298-square-foot concrete block commercial building historically home to an auto service station. Today, it is brought to the market ready for an auto user or an investor pursuing commercial repurposing. The 0.25-acre parcel is zoned B-2 Community Business, allowing various business operations to take place and further value-add to build at least one additional story by right. There is parking in front of the building, pole-mounted signage, and two points of ingress and egress. The property features a concrete block building with adequate footing depth to withstand frost.
472-474 Concord Street is situated at the lighted three-way intersection of Concord Street, Hartford Street, and Lindbergh Road, positioning the building to be seen by more than 24,200 daily vehicles. It neighbors a CVS pharmacy, retail buildings, a school, and a fire station; all of which are not far from Framingham State University, a public university home to more than 4,000 students. There is a public transit stop at the corner of the property, and a commuter rail station is located down the street. There is a lakeside public beach within a 10-minute walk, and the MetroWest Medical Center is 1 mile down Concord Street. This strategic location provides easy accessibility to a Logan Express terminal, a Massachusetts Turnpike entrance, and Route 9.
The 5-mile radius is a stable and affluent realm home to a growing population of 148,447 residents, over 55% of whom have attained a bachelor's degree or higher level of education. The average household income exceeds $144,000, and a robust consumer spending power of over $2.3 billion is generated annually.
Inquire today for more information. Please note that 472-474 Concord Street will be sold with a clean environmental report and complete file closure. Tanks and hydraulic lifts have been removed, and the soil and groundwater have been cleaned.