800-977-1982
472 Concord St, Framingham, MA for Sale
Auto Repair - FOR SALE
1/17
null | Request Cap Rate

472 Concord St
Framingham, MA 01702
Metro West


HIGHLIGHTS

  • 472-474 Concord Street, historically a Texaco gas station, features prominent pylon signage, on-site parking, and a two-bay garage build-out.
  • Highly visible and easily accessible at a hard-corner, signalized intersection location exposed to a surplus of 24,200 daily passing vehicles.
  • An auto user’s opportunity to occupy previously built-out space, or an investor’s opportunity to repurpose under Neighborhood zoning.
  • Next to a CVS pharmacy with a drive-thru, adjacent to a local bank and gas station, and a few doors down from a fire station.
  • Framingham offers notable employment opportunities for Massachusetts and the Metro-West Boston region.
  • Concord Street is a major road that stretches from a Home Depot, hotels, and the Logan Express through a solid middle-class Natick neighborhood.

OVERVIEW

Welcome to 472-474 Concord Street, a 1,298-square-foot commercial building previously 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 Neighborhood, allowing various business operations to take place and further value-add to build an additional story or two by right. There is parking in front of the building, pylon signage, and two points of ingress and egress. The property features a concrete block foundation with adequate depth to withstand frost. 472-474 Concord Street is situated at the lighted three-way intersection of Concord Street, Hartford Road, 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 ten-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. All tanks and hydraulic lifts have been removed, and the soil and groundwater have been cleaned.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

B

APN/PARCEL ID

FRAM-000112-000000-005169

ASK ABOUT THIS PROPERTY

Marcia BergerClean Properties, Inc.More Info
800-977-1982

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Marcia BergerClean Properties, Inc.More Info
800-977-1982

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.