Retail Space
61 Nicholas Road Framingham, MA 01701
Details & Description
Price: $3,200,000
    Desirable North Framingham location ! Next to Mill Falls Condominiums & Pinefield Shopping Center. This 2 story 18,774 s.f. building features retail tenants, a 9,100 s.f. daycare tenant on main level / sep-arate wing and mostly office tenants on second level. 100 % leased. Approx. 80 parking spaces. Well maintained and historically very low vacancy rate. Current ownership is retiring.
    Property ID:    299074
    Property URL: melqr.com/299074
    Generated:    04-26-24
    Listing Agents
    Marlene Aron

    O: 508-740-0000
    ma@metrowestcre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Massachusetts / Framingham / 01701 / 61 Nicholas Road

    61 Nicholas Road

    Framingham, MA 01701

    No Longer Listed
    61 Nicholas Road Framingham, MA 01701 | for Sale | Photo 1
    Price
    $ /mo
    Description

    Desirable North Framingham location ! Next to Mill Falls Condominiums & Pinefield Shopping Center. This 2 story 18,774 s.f. building features retail tenants, a 9,100 s.f. daycare tenant on main level / sep-arate wing and mostly office tenants on second level. 100 % leased. Approx. 80 parking spaces. Well maintained and historically very low vacancy rate. Current ownership is retiring.

    Attachments & Files
    framingham---61-nicholas-12-6-2022-gNq-BWg.pdf

    Framingham Area Market Trends

    Listing Demographics for 61 Nicholas Road Framingham, MA 01701

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population9,53756,506139,767
    Population Median Age404240
    Population by Age0-9 Yrs1304 (13%)6139 (10%)17223 (12%)
    10-19 Yrs935 (9%)6565 (11%)17362 (12%)
    20-29 Yrs1085 (11%)6723 (11%)15354 (10%)
    30-39 Yrs1462 (15%)6919 (12%)18630 (13%)
    40-49 Yrs953 (9%)7086 (12%)18998 (13%)
    50-59 Yrs1561 (16%)8383 (14%)19741 (14%)
    60-69 Yrs1189 (12%)6994 (12%)16557 (11%)
    70+ Yrs1048 (10%)7697 (13%)15902 (11%)
    Median HH Income$119,214$111,429$107,380
    Total Household Income< 24K375 (9%)2553 (11%)6086 (11%)
    25-49K382 (10%)2547 (11%)6584 (12%)
    50-74K428 (11%)2585 (11%)6754 (12%)
    75-99K365 (9%)2319 (10%)5853 (10%)
    100-199K1499 (39%)7284 (32%)16164 (30%)
    200K+768 (20%)4840 (21%)12242 (22%)
    Highest Education LevelNo Diploma14719435916
    Diploma or GED962663117066
    Some College973496811247
    Assoc. Degree41022804965
    Bachelors Degree22661300929691
    Higher Degree19851174729138
    Total Housing Units3,89822,90355,857
    --Owner-Occupied2,94515,96135,236
    --Renter-Occupied8726,16718,447
    Owner-Occupied Values< 100K26155437
    100-199K394021080
    200-299K1526581884
    300-399K78532585361
    400-499K98643616930
    500K+957712719544
    Total Working Age Population7,71346,633112,088
    In Work Force5,81732,36779,224
    Not In Work Force1,89614,26632,863
    Workforce Employed5,62030,89575,162
    Workforce Unemployed1971,4713,984
    Civlian Workforce5,81732,36579,145
    Military Workforce0279
    Total Households3,81722,12853,684
    Family Households2,71715,40936,774
    Non-Family Households1,1006,71916,910
    Married Couple2,15712,63330,038
    Other Family5602,7766,736
    Married w/Child7994,77713,193
    Single Male w/Child75354803
    Single Female w/Child2071,0102,711

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Massachusetts6,349,097+36,547,629+66,933,887+47,225,472
    Norfolk County650,308+3670,850+7718,394+7765,912
    Worcester County750,963+6798,552+5838,577+5876,966
    Middlesex County1,465,396+31,503,085+71,613,961+51,686,641

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 61 Nicholas Road in Framingham?
    The asking price for 61 Nicholas Road is $3,200,000
    What is the building size of this Retail property in Framingham, MA?
    The size of the building/unit at 61 Nicholas Road in Framingham is 18,774 square feet
    How much land does the Framingham, MA property at 61 Nicholas Road include?
    61 Nicholas Road in Framingham includes 0.850 acres of land
    What kind of Retail is the propery at 61 Nicholas Road?
    The property at 61 Nicholas Road Framingham, MA 01701 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 61 Nicholas Road in Framingham?
    The population within 1 mile of 61 Nicholas Road Framingham, MA 01701 is 9,537 people.
    Who do I contact for questions about 61 Nicholas Road?
    You should contact the listing agent, Marlene Aron, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    General Edward Lawrence Logan International Airport (BOS) 20
    Theodore Francis Green State Airport (PVD) 41
    Manchester-Boston Regional Airport (MHT) 42
    --
    No Longer Listed
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