As seen on Boston Real Estate Times
Newton, MA – Northeast Private Client Group announced the sale of Central Street Mixed-Use in Holliston, MA.
Senior Associates Francis Saenz and Drew Kirkland represented the sellers and procured the buyers for the mixed-use transaction totaling $4,100,000.
The Central Street Mixed-Use, located in Holliston, Massachusetts, sold for $4,100,000, equating to a price of $163.11 per square foot and a cap rate of 7.31%. The building boasts an impressive 25,137 square feet for storefront retail and office purposes.
Constructed in the early 1960s, 90-100 Central Street underwent a third-floor addition and extensive renovations in 2012. It also features off-street parking in both the front and rear of the building. This property has a strong occupancy history, long-term tenants with multiple-year extensions. It is ideally located 5.9 miles from Framingham Commuter Rail & 30.7 miles from Logan International Airport.
Northeast Private Client Group specializes in mixed-use, retail, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1000 successful transactions have been completed totaling over $3 billion in value within local submarkets around the Northeast and Southeast regions of the United States.