DRIVE-THRU PAD SITE FOR SALE

Office for Sale
Catylist Listing ID: 30720060
Building Status: Proposed
Building Size (RSF): 21,780 SF
Gross Building Area: See Agent
Gross Land Area: 0.50 Acres
Sale Price: $1,300,000
Unit Price: $59.69 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: DRIVE-THRU PAD SITE FOR SALE
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/31/2021

Overview / Comments

186 Waverly Street is a Drive-Thru pad site for sale on Route 135 in Framingham, MA. This opportunity zone site was formerly a KFC drive-thru store for the last 20 years. The property has been scraped and is ready for a new building. 186 Waverley features a traffic count of 16,556 vehicles per day and is .5 miles to the MBTA commuter rail station used by 18,000+ passengers per day.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Middlesex
Tax ID/APN: 1000930019500080
Zoning: B
Highway Access: 8.1 miles from I-90
Airports: 25.3 miles from Logan International Airport
Site Description: Drive-Thru pad site for sale on Route 135 in Framingham, MA. This opportunity zone site was formerly a KFC drive-thru store for the last 20 years. The property has been scraped and is ready for a new building. 186 Waverley features a traffic count of 16,556 vehicles per day and is .5 miles to the MBTA commuter rail station used by 18,000+ passengers per day.
Area Description: Rare opportunity to acquire land in the heart of Framingham, MA and within the opportunity zone, with high feasibility, traffic count of 15,000+, and MBTA commuter rail daily passenger of 18,000+. It's a great opportunity for a freestanding building for a fast-food establishment, retail venue, medical services, etc. • .5 Acres of land in the high transit area • Opportunity Zoned property • Surrounded by 500+ residential units within 2-mile radius • Traffic Count of 15,000+ daily • 2 mile away from Natick Mall, Framingham State University, Golden Triangle Shopping center, Hospitals • 2-minute drive from Framingham MBTA Commuter Rail with X daily riders • 3-minute drive from West Natick MBTA Commuter Rail with X daily riders
Parking Type: Surface
Zoning Description: Development
Lot Frontage: 106

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,077 86,482 153,296
Median Age: 33.7 38.84 40.11
Households: 8,552 33,708 58,097

Contact

Photograph of Listing Agent

Jeremy Cyrier

Mansard NECPE Member
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