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510 Union Ave

Framingham, MA 01702
  • $700,000
  • STATUS: Active
  • MLS #: 73249317
UPDATED: 27 min ago
$700,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 916
    SQFT
  • $764
    $/SQFT
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Listing courtesy of Sam Takla of Coldwell Banker Realty - Framingham.

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.

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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. Data last updated 2024-07-21T08:07:01.28.
www.maloneypropertiesrealestate.com/homes/151464030
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510 Union Ave Framingham, MA 01702

  • Price: $700,000
  • Status: Active
  • On Site: Days
  • Updated: 27 min ago
  • MLS #: 73249317
0
Beds
0
Baths
0
½ Baths
0.22
Acres
916
SQFT
$764
$/SQFT
1940
Built
County:
Middlesex
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.
Exterior Features

Frontage Length 66.00 Parking Total 12 Waterfront YN No

Interior Features

Building Area Total 916

Property Features

Association YN No Business Type Commercial Buyer Agency Compensation 2 Existing Lease Type NNN Gross Income 42000 Home Warranty YN No Net Operating Income 42000 Operating Expense 0 Senior Community YN No Tax Annual Amount 6967 Tax Year 2024 Transaction Broker Compensation 0 Utilities Public WaterPublic SewerNatural Gas Available Zoning B-2

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Sam Takla of Coldwell Banker Realty - Framingham: 508-872-0084.


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. Data last updated 2024-07-21T08:07:01.28.
 
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Listing courtesy of Sam Takla of Coldwell Banker Realty - Framingham.