Business Opportunity at 12 Wood St, Hopkinton
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28 photos

$1,175,000

12 Wood St
Hopkinton, MA 01748
Listed by Lily Holden
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2001

About this home

Don't miss this unique opportunity in the downtown Hopkinton business district. There is a separate entrance and additional parking for the business. Under the RB1 zoning, this property presents an exciting opportunity an owner looking for versatility and future income potential. A standout feature is the attached beauty salon with 567 square feet, complete with a ¾ bath, nail room and color room both with sinks as well as 2 Speed Queen washers and 2 Speed Queen gas dryers. This space could be a first floor primary suite, catering business, private office or offices, studio, an attached ADU or many other options subject to the appropriate Town approvals and permitting. See document "other" regarding zoning. Attached is a a five bedroom home with a total approximately 4250 square feet of space on a 1/2 acre lot. The original part of the home was built in 1880 . It is on Town Water and Town Sewer and close to Rte. 495 which makes future income potential worth exploring. The desirable Town of Hopkinton is known for one of the top school districts in the state as well as a very safe community. Quick closing possible!

Property details

MLS
MLS Property Information Network
MLS #
73588750
Property type
Business Opportunity
Subdivision
N/A
Status
Active
Days on market
14
On market date
October 20, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
21,501 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Elmwood
0.45 mi away · Grades 2-3
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
622
Student:teacher ratio
14.5:1
District
Hopkinton
Middle
Hopkinton Middle School
0.74 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
923
Student:teacher ratio
13.6:1
District
Hopkinton
High
Hopkinton High
0.79 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,212
Student:teacher ratio
14.4:1
District
Hopkinton

Walkability

Blended score for Hopkinton's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

31
Car-dependent
out of 100
EPA National Walkability Index
8.2 / 20 -- Below average walkable
Google Places amenity density
15 / 100
Restaurants & cafes0
Grocery stores0
Parks3
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Hopkinton, from live MLS data.

On the market 14 days -- 112 fewer days than Hopkinton's current average of 126 days.
For reference, the median list price across 127 active listings in Hopkinton right now is $949,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$7,226/mo
$235,000 down
$940,000 loan
Principal & interest$6,097
Property tax (est.)$979
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 10 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.