1071 Worcester RdFramingham, MA 01701

Property Details for 1071 Worcester Rd

Year built

1979

Construction

STEEL FRAME

Property size (Sq ft)

796 SF

Property type

Office properties

Property subtype

Other office properties

APN

FRAM M:089 B:14 L:9314 U:006

APU

FRAMM089B14L9314U006

Description

This exceptional 2,481 square foot office suite is ideally situated at 1071 Worcester Road in Middlesex County, offering unparalleled convenience and accessibility. The property is a single, four-story Class C building with elevator service. This particular suite boasts abundant natural light streaming in from numerous windows, creating a bright and welcoming atmosphere. The layout includes a well-appointed reception area, perfect for greeting clients and visitors, a dedicated conference room for productive meetings, and several private offices providing ample space for individual work and focused collaboration. Additional features include readily accessible restrooms located directly outside the suite. The monthly rent of $5,000 is inclusive of all utilities, eliminating the hassle of separate utility bills. The building's prime location directly on Route 9 ensures effortless commuting, with easy access to the Massachusetts Turnpike via exits 12 and 13. This is a multi-tenant building offering one available space. This is an excellent opportunity for a business seeking a functional, well-maintained, and conveniently located office space. The suite is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $131,603

  6.5%

  $121,479

  7%

  $112,802

• Comparable approach

  Method

  Valuation

  Relative Method

  $104,005

  Geo Method

  $104,005

• Alternative Use

  Use

  Valuation

  Residential

  $150,634

  Hospitality

  $137,980

  Educational

  $114,798

  Medical

  $118,746

  Retail

  $178,575

Location Insight

City

Framingham

County

Middlesex

State

Massachusetts

Latitude

42.3

Longitude

-71.4418

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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