40-64 Hollis St Framingham MA 01702 | MLS #73575999

40-64 Hollis St
Framingham, MA, 01702
$5,999,000
Beds
0 Baths
0 SqFt
0.68 Acres
$5,999,000
40-64 Hollis St
Framingham, MA, 01702
MLS #73575999 image #0
Positioned in the heart of downtown Framingham, this transit-oriented mixed-use property offers investors a compelling opportunity to acquire a stabilized retail and residential asset at an attractive 9%+ capitalization rate. Ownership has positioned the offering to deliver strong in-place yield and attract near-term execution. The property is approximately a 5-minute walk to the MBTA Framingham/Worcester Line, providing direct access to Boston and Worcester. The location benefits from strong visibility along a corridor with approximately 9,000 vehicles per day and consistent pedestrian activity supporting the retail component. Nearby demand drivers include MetroWest Medical Center and Framingham State University. The property features separately sub-metered electric service, with tenants paying electricity directly, while ownership covers heat, water, and sewer. Improvements include fully de-leaded residential units, updated windows, wet sprinkler systems, upgraded fire alarm monitoring panels, and completed infrastructure upgrades across major building systems.With a 9%+ in-place cap rate, established income, and ownership focused on a timely transaction, the offering provides immediate cash flow and an attractive going-in yield in the MetroWest market. Full offering memorandum available upon request.

Property Details

Price:
$5,999,000
MLS #:
73575999
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Sep 17, 2026
Lot Size:
29,621 sqft / 0.68 acres (approx)
Year Built:
1900

Schools

Interior

Exterior

Financial

Tax Year
2026
Taxes
$75,628
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Commercial in Framingham as of Sep 20, 2026
12
Commercial Listed
207
Avg DOM
178
Avg $ / SqFt
$2,107,625
Avg List Price

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Property Summary

    40-64 Hollis St Framingham MA is a Commercial for sale in Framingham, MA, 01702. It is listed for $5,999,000 To schedule a showing of MLS#73575999 at 40-64 Hollis St in Framingham, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
40-64 Hollis St
Framingham, MA