317 Boston Rd

317 Boston Rd, Billerica, MA 01862

  • For Sale Contact for pricing
  • Property Type Special Purpose
  • Property Size 9,929 SF
  • Lot Size 60,984 SF
  • Zoning General Business
  • Parking Spaces Avail. 24
  • Parking Ratio 2.42 / 1,000 SF
  • Year Built 1910
  • Date Updated Sep 9, 2025

A 2 to 2½ story wood frame, vinyl sided, former nursing home, Victorian-style structure, with a combination slate and asphalt shingle roof, 100% sprinklered, a full granite/brick foundation walled and concrete slab basement, built circa 1910, renovated in 2002 and over time. The property is state certified as a 53-bed sober house under the 12-Step Education Program of New England.  This investment offers tremendous upside, when stabilized at an 85% occupancy (currently at 73% annualized).  Rents will be increased, as of October 2025, to $310 per week for singles, $235 per week for shared accommodations, $1,250 per month for singles and $1,000 for shared accommodations (includes food). To date, the mix has historically been 10% monthly fees and 90% weekly fees.  The property is in need of an upgrade. 

Stabilized Proforma - The property has 53 beds and a gross building area of 9,929 sq ft. Gross scheduled income totals $691,219 ($69.62/sq ft), including $6,625 from laundry ($125/bed/yr). After a 15% vacancy or collection loss ($103,683 or $10.44/sq ft), the effective gross income is $587,536 ($59.17/sq ft). Total expenses are $140,446 ($14.15/sq ft), or 23.90% of EGI, with key items: administrative $5,875.36 (1%), repairs $29,376.81 (5%), marketing $300 (0.05%), insurance $12,000 (2.04%), electricity $12,000 (2.04%), gas $1,572.81 (0.27%), oil $13,061.43 (2.22%), water/sewer $10,000 (1.70%), landscaping $1,000 (0.17%), snow plowing $1,500 (0.26%), trash $3,996.40 (0.68%), internet $3,300 (0.56%), food/household $11,800 (2.01%), payroll $30,000 (5.11%), licenses/permits $691.67 (0.12%), and reserve replacement $3,971.60 (0.68%). Net operating income is $447,090 ($45.03/sq ft), or 76.10% of EGI.

If you have any questions or would like to schedule a viewing, please call or send us an email.

Errors & Omissions: We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. 
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Attachments

Contacts

broker
Murray Regan

JMR Commercial RE Services

Location

Getting Around

  • Walk Score ®

    42/100 Car-Dependent

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Billerica, MA
  • Neighborhood Pinehurst
  • Zip Code 01862
  • Market Suburban Boston

Points of Interest

  • North Billerica

    1.68 miles

  • Lowell

    5.05 miles

  • Swamp Locks

    5.41 miles

  • Lower Locks

    5.44 miles

  • Visitor Center

    5.58 miles

  • Moody Street Gatehouse

    5.62 miles

  • Boott Mills

    5.63 miles

  • George Ayotte Parking Facility

    5.75 miles

  • Suffolk Mill

    5.86 miles

  • Anderson RTC

    7.63 miles

  • Cumberland Farms

    0.22 miles

  • Speedway

    1.11 miles

  • Global

    1.35 miles

  • Mobil

    1.37 miles

  • Fill N Chill

    2.55 miles

  • ChargePoint

    3.02 miles

  • Shell

    4.00 miles

  • Lowell MA - Tesla Supercharger

    4.05 miles

  • Petroil

    4.06 miles

  • EVgo

    6.81 miles

  • Billerica State Forest Parking

    1.61 miles

  • Commuter Rail Parking

    1.67 miles

  • MBTA Parking

    1.68 miles

  • Lot A

    2.99 miles

  • Lot B

    3.02 miles

  • Lot D

    3.15 miles

  • Lot F

    3.28 miles

  • Lot G

    3.33 miles

  • Minnie Reid Conservation Area Parking

    3.36 miles

  • Dudley Park

    3.38 miles

  • Courtyard

    2.26 miles

  • Sonesta Select

    3.81 miles

  • Motel 6

    3.89 miles

  • Best Western Plus Chelmsford Inn

    4.20 miles

  • Radisson Chelmsford Hotel

    4.36 miles

  • Homewood Suites

    4.48 miles

  • Hampton Inn Boston Bedford Burlington

    4.49 miles

  • DoubleTree by Hilton Hotel

    4.66 miles

  • Bedford Motel

    5.19 miles

  • Fairfield Inn Boston Tewksbury/Andover

    5.36 miles

  • Wendy's

    0.19 miles

  • McDonald's

    0.47 miles

  • Chipotle

    0.98 miles

  • Sichuan Gourmet

    1.21 miles

  • Dunkin'

    1.38 miles

  • Maddie's Bar & Grille

    1.81 miles

  • Shaan's Paninis & Roast Beef

    1.98 miles

  • Casa Blanca

    2.03 miles

  • Pressed

    2.50 miles

  • Riverview Restaurant

    2.64 miles

  • Billerica Memorial High School

    0.59 miles

  • Howe Grammar School

    0.67 miles

  • Parker Elementary School

    0.82 miles

  • Frederick J. Dutile Elementary School

    0.95 miles

  • Howe Junior High School

    1.08 miles

  • Howe High School

    1.09 miles

  • Howe School

    1.11 miles

  • S. G. Hajjar Elementary School

    1.18 miles

  • Talbot School

    1.38 miles

  • New England Pediatric Care School

    1.90 miles

  • The Learning Experience

    4.99 miles

  • Gurukul Learning Center

    5.95 miles

  • Lowell Day Nursery

    6.05 miles

  • Bedford Children's Center

    6.51 miles

  • The Wonder Years Learning Center

    6.53 miles

  • Westford KinderCare

    7.33 miles

  • The Goddard School

    8.40 miles

  • Woburn Creative Start

    8.47 miles

  • Primrose School

    8.56 miles

  • Acton Barn Cooperative Nursery School

    8.60 miles

Frequently Asked Questions

How much does 317 Boston Rd cost?

The sale price for 317 Boston Rd is available upon request. Contact the listing broker for more information.

What is the total square footage of 317 Boston Rd?

317 Boston Rd totals 9,929 square feet.

When was this property built?

317 Boston Rd was built in 1910.

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Contact Listing Broker
broker
Murray Regan

JMR Commercial RE Services

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