$650,000
916
Living Area
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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.
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Highlights
- Parking Spots: 12
- Year Built: 1940
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Zoning: B-2
- Zoning Description: Legal Conforming
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Fees / Taxes
- Buyer Agent Compensation: 2%
- Taxes: $6,967
- Tax Year: 2024
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