510 Union Ave Framingham MA 01702 MLS #73249317

510 Union Ave
Framingham, MA, 01702
$650,000
Beds
1 Baths
916 SqFt
0.22 Acres
$650,000
510 Union Ave
Framingham, MA, 01702
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

Price:
$650,000
MLS #:
73249317
Status:
Active
Beds:
0
Baths:
1
Address:
510 Union Ave
Type:
Commercial
City:
Framingham
Listed Date:
Jun 7, 2024
State:
MA
Finished Sq Ft:
916
Total Sq Ft:
916
ZIP:
01702
Lot Size:
9,409 sqft / 0.22 acres (approx)
Year Built:
1940

Schools

Interior

Exterior

Parking Spots
12

Financial

Net Operating Income
$42,000
Tax Year
2024
Taxes
$6,967
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Marie Andrews

Marie Andrews

Realtor®, 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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