110 Mount Wayte AveFramingham, MA 01702

  • Office buildings
  • 28,340 SF
For Lease
$25/SF/YR View listing

Property Details for 110 Mount Wayte Ave

Year built
1968
Construction
STEEL FRAME
Lot size
1.73 AC
Property size (Sq ft)
28,340 SF
Zone code
M-1
Property type
Office buildings
APN
FRAM M:119 B:49 L:3792 U:000
APU
FRAMM119B49L3792U000

Description

This exceptional executive office suite, totaling 1,850 square feet, is ideally located in Middlesex County at 110 Mt. Wayte Ave. Currently, one suite is available for immediate occupancy. The space is perfect for a business seeking a professional and well-situated location. The asking rent is $25 per square foot, with a triple net (NNN) charge of $5.32 per square foot, in addition to utilities and trash removal. Utilities are separately metered for accurate cost tracking and efficient management. This prime location offers the benefit of proximity to established businesses, including the Massachusetts Juvenile Trial Court and a Fresenius Dialysis Center, ensuring high visibility and convenient access to essential services. The property is classified as an office building with multiple tenancies, providing a dynamic and collaborative environment. This is a fantastic opportunity for a business seeking a move-in ready, well-appointed space in a desirable location. Inquire today to schedule a viewing and secure this exceptional office suite. The space is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,685,448
    6.5%
    $4,325,030
    7%
    $4,016,099
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,702,904
    Geo Method
    $3,702,904
  • Alternative Use

    Use
    Valuation
    Residential
    $5,363,036
    Hospitality
    $4,912,512
    Educational
    $4,087,153
    Medical
    $4,227,716
    Retail
    $6,357,793

Location Insight

City
Framingham
County
Middlesex
State
Massachusetts
Latitude
42.2873
Longitude
-71.4327
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$125,330
$202,300
$4,730,000
$4,932,300
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