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You are here:
Home Massachusetts Framingham Commercial Properties for Sale

510 Union Ave Framingham, MA 01702

86 Days on Boston Pads
5 Photos
$700,000
Type: Commercial
Triple Net Lease (NNN)
916 Bldg. SQFT
1 Restroom
Parking: N/A
510 Union Ave
Framingham, MA 01702

Property Description

Prime Investment Opportunity: Free-Standing Plaza for SaleKey Highlights: Single Tenant: Currently rented to a successful pizzeria.Monthly Rent: $3,500, 3% yearly pumps for 10 years. Absolute NNN Lease: Tenant responsible for all property expenses. Ideal Location: Just steps from Framingham downtown, State University, and the train station.High Foot Traffic: Situated in a bustling area with significant pedestrian and vehicular traffic. This is a rare chance to own a highly desirable property in a thriving location with a stable rental income and zero responsibility. The pizza store leases for 10 years and 2 options, 5 years each.The zoning is B2. You can add second-floor apartments.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73249317

Financial

  • Gross Annual Income: 42000
  • Net Operating Income: 42000
  • Lease Type: Triple Net Lease (NNN)

Building Information

  • Total SQFT: 916
  • Total Restrooms: 1

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
06/13/2024Active$700,000$764MLSPIN
06/09/2024Price Change$700,000$764MLSPIN
06/07/2024New$600,000$655MLSPIN

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Seller's Representative: Sam Takla, Coldwell Banker Realty - Framingham

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-06-20 03:39:00

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