Old Colony Hotel

Framingham, MA

For Sale
 

Type: Capital Markets, Multi-Family
Property Details: 2 Franklin Street, Framingham, MA
Year built: 1900
Lot size: 11,761 SF
Gross Building Size: 16,080 SF
Units: 40
Licensing: Active 40
Unit Lodging: License

8 Franklin Street, Framingham, MA
Year built: 1860
Lot size: 2,614 SF
Gross Building Size: 2,207 SF
Stories: 3
Units: 5

10 Franklin Street, Framingham, MA
Year built: 1923
Lot size: 2,384 SF
Gross Building Size: 2,000 SF
Stories: 2

Brochure

Execute CA

 

REDEVELOPMENT OPPORTUNITY • ADJACENT TO COMMUTER RAIL 3 PROPERTIES • 40 UNIT LODGING HOUSE

Boston Realty Advisors is pleased to present the exceptional opportunity to acquire the Old Colony Hotel, a 40-unit multifamily/lodging house asset located in Framingham, Massachusetts. The offering is a unique asset in an unmatched location and presents investors with substantial value-add potential.

Framingham, home to numerous large office developments including TJX and Bose headquarters, is considered one of Greater Boston’s strongest business communities. Furthermore, the Framingham/Natick area represent one of the largest shopping districts in New England. The property is conveniently located right in Downtown, directly across the street from the Framingham MBTA Commuter Line Station. In addition, it offers easy access to major routes, including the Mass Pike (I-90) and
4 state highways. With immediate access to public transit, the deep employer base that makes up the area, and the wealth of amenities, residents of The Old Colony benefit of everything the area has to offer.

The Old Colony Hotel is offered for sale on an un-priced basis. We will be conducting tours of the property with a “call-for-offers” to follow. For more information, please visit www.OldColonyMa.com.

Location & Information

 

Type: Capital Markets, Multi-Family
Property Details: 2 Franklin Street, Framingham, MA
Year built: 1900
Lot size: 11,761 SF
Gross Building Size: 16,080 SF
Units: 40
Licensing: Active 40
Unit Lodging: License

8 Franklin Street, Framingham, MA
Year built: 1860
Lot size: 2,614 SF
Gross Building Size: 2,207 SF
Stories: 3
Units: 5

10 Franklin Street, Framingham, MA
Year built: 1923
Lot size: 2,384 SF
Gross Building Size: 2,000 SF
Stories: 2

Brochure

Execute CA