$1,525,000
$1,650,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
624 Worcester Raod Framingham, MA 01702
10,560 SqFt
Key Details
Sold Price $1,525,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,560 sqft
Price per Sqft $144
MLS Listing ID 72497720
Sold Date 08/05/19
Year Built 1960
Annual Tax Amount $36,820
Tax Year 2019
Lot Size 0.750 Acres
Acres 0.75
Property Description
The property at 624 Worcester Road provides a fantastic redevelopment opportunity on Route 9. The site is located at a lighted intersection directly across from Whole Foods. Other notable neighbors include, Starbucks, Walgreens, Trader Joes and Citizens Bank. The property is currently occupied by its long term tenant, Empire Beauty School. Their tenancy is currently on an "at-will" basis and paying an annual rent of +/- $287,0000 NNN. The tenant's longer term intentions are not yet known. There is the possibility of them staying on for several more years at a lower rent. Seller will not consider offers contingent on a lease extension. See attached marketing flyer for additional details.
Location
State MA
County Middlesex
Zoning B3
Direction Route 9 eastbound, at intersection of Prospect St. Across from Whole Foods
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Roberto Magno • Castlearch Property Advisors