This Property is No Longer Available
510 Union Ave, Framingham, MA 01702
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$630,000
Type: Commercial
Triple Net Lease (NNN)
916 Bldg. SQFT
1 Restroom
Parking: N/A

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 a new one instead of the current one.

Property Details 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 tap to expand

Date Event Price Price/Sq Ft Source
01/01/2025Expired$630,000$688MLSPIN
10/01/2024Temporarily Withdrawn$630,000$688MLSPIN
09/28/2024Active$630,000$688MLSPIN
09/24/2024Price Change$630,000$688MLSPIN
09/15/2024Active$650,000$710MLSPIN
09/11/2024Price Change$650,000$710MLSPIN
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
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: 0
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-01-01 03:06:00

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