945 Concord StFramingham, MA 01701

Property Details for 945 Concord St

Year built

1980

Construction

STEEL FRAME

Lot size

1.14 AC

Property size (Sq ft)

17,722 SF

Zone code

P

Property type

Office buildings

APN

FRAM M:093 B:25 L:0630 U:000

APU

FRAMM093B25L0630U000

Description

This 17,811 square foot Class A office building in Framingham, MA, offers a variety of flexible workspace solutions. Located at 945 Concord Street, this property features 350 suites, with 5,970 square feet currently vacant. The building underwent renovations in 2019 and includes amenities such as elevators. Space options range from 10 square feet minimum to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The building boasts a pleasant suburban setting with ample natural light, surrounded by trees and grass. Its location in the Golden Triangle provides easy access to a large shopping district. Available spaces include private, fully furnished offices, customizable options, disaster recovery spaces, and day offices, all designed to meet diverse business needs. A benefits program offering exclusive discounts and procurement support is also available. The property is situated in Middlesex County, MA, zip code 01701. This is an ideal location for businesses seeking a tranquil yet conveniently located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,929,976

  6.5%

  $2,704,593

  7%

  $2,511,408

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,315,556

  Geo Method

  $2,315,556

• Alternative Use

  Use

  Valuation

  Residential

  $3,353,696

  Hospitality

  $3,071,967

  Educational

  $2,555,840

  Medical

  $2,643,740

  Retail

  $3,975,752

Location Insight

City

Framingham

County

Middlesex

State

Massachusetts

Latitude

42.3034

Longitude

-71.4044

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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