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$2,800,000

  • Sold
  • Closed
  • Commercial
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Outstanding investment/development/value-add sale opportunity. 100% leased. Approximate NOI: $203,166. CAP RATE: 6.4%. 2-story, 18,774 SF multi-use building located in desirable North Framingham adjacent to major shopping plaza and condominium complex. Retail tenants and one of region's largest, most successful daycare centers on main level with professional office tenants on second level. Well-maintained with recent renovations. 80 on-site parking spaces. Easy access to Route 9 and Mass Pike and close to affluent communities of Sudbury and Wayland.

Full Property Details for 61 Nicholas

General

  • Sold For: $2,800,000
  • Taxes: $35,195 (2021)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 73062454
  • Added to Site: 740 day(s) ago

Location

  • County: Middlesex

Structural Information

  • Square Feet: 18,774
  • Year Built: 1957

Lot Features

  • Lot Size (Acres): 0.85

Financial Considerations

  • Tax Amount: $35,195
  • Tax Year: 2021

Disclosures and Reports

  • Property ID: 501875

Listed by Gordon Real Estate, James Gordon

Meet the selling agent

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— 61 Nicholas —

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NMLS#: 1598647

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Schools serving 61 Nicholas

School District:Framingham Public Schools
RatingNameGradesDistance
6
Framingham High School
115 A St, Framingham, MA 01701
9-120.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 61 Nicholas

Date
Details
Price
Change
Source
5/05/2023
Sold
$2,800,000
-12.5%
MLS
12/02/2022
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Gordon Real Estate, James Gordon

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Recent Sales near 61 Nicholas

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34 Candy Hill Ln, Sudbury, MA 01776 - Photo 1 Sold
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Listed by Lisa-Aron "Lisa" Williams

61 Nicholas, Framingham, MA 01701 (MLS# 73062454) is a Commercial property that was sold at $2,800,000 on May 05, 2023. Want to learn more about 61 Nicholas? Do you have questions about finding other Commercial real estate for sale in Saxonville? You can browse all Saxonville real estate or contact a Coldwell Banker agent to request more information.

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