The Beaumont Building For Sale
$2,400,000
15-31 Hollis Street, Framingham, MA 01702
12,572 sqft
Building Size
1960
Year Built
Details:
Description:
RARE opportunity to own one of the most visible buildings in downtown Framingham located at the intersection of Route 135 and 126. One of the few buildings with off-street parking and adjacent to the city parking lot and steps away from the MBTA. Investment is flowing with new upscale restaurants, luxury apartments complexes, a new supermarket and Rt. 135 development friendly new zoning in the works.
2nd floor residential conversion would be welcomed as Framingham & Governor Healey are embracing new apt. projects. There is parking behind the building of approx. 34 spaces. A parking waiver may be required for redevelopment but proximity to the Train Station should make a waiver possible or Transit Oriented Development may allow a conversion without a waiver depending on the number of units and number of bedrooms. Either 3 or 4 stories may be allowed. Buyers need to do their own due diligence regarding apartment redevelopment.
Documents:
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| Offering Memorandum |
Location
Gallery
