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$5,999,000

40-64 Hollis St, Framingham MA, 01702

Price per sqftN/A
Built in1900
Property typeCommercial

Overview

Active

Listed Sep 11, 2026

Updated 6h ago

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.

Additional information

MLS® ID
73575999

Interior Features

Basement
No

Exterior Features

Lot Size
0.68 Acres

Other Property Details

Taxes
$75,628
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Boris Kuritnik with Greenville Real Estate Group, Inc.

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Data last updated 3:15 AM UTC, 9/18/2026

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