INNOVATE Real Estate
Commercial Sale at 317 Boston Rd, Billerica MA 01862
Commercial Sale at 317 Boston Rd, Billerica MA 01862, photo 2 of 8
Commercial Sale at 317 Boston Rd, Billerica MA 01862, photo 3 of 8
Commercial Sale at 317 Boston Rd, Billerica MA 01862, photo 4 of 8
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8 photos

$3,000,000

317 Boston Rd, Billerica MA 01862
Billerica, MA 01862
Listed by J. Murray Regan
Bedrooms
N/A
Bathrooms
N/A
Living area
9,929 sqft
Year built
1910

About this home

A 2 to 2.5-story wood frame, vinyl sided, former nursing home, Victorian-style structure, with a combination of slate and asphalt shingle roof, 100% sprinklered, a full granite/brick walled foundation & concrete slab basement, built circa 1910, renovated over time. The property is a MASH certified 53-bed sober house under the 12-Step Education Program of NE. This investment offers tremendous upside, when stabilized at an 85% occupancy. Rents were increased as of October 2025, to $310/week for singles, $235/week for shared rooms, $1,250/month for singles & $1,000/month for shared rooms, which includes food. To date, the mix has historically been 10% monthly fees and 90% weekly fees. The property is in need of upgrades. A stabilized proforma at a 15% vacancy, may produce a potential NOI of $71,331 that includes a NNN lease payment to the real estate ownership of $250,000 annually.

Property details

MLS
MLS Property Information Network
MLS #
73469289
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
280
On market date
January 16, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.4 acres

Location

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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
Parker
0.82 mi away · Grades 0-4
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
412
Student:teacher ratio
12.9:1
District
Billerica
Middle
Marshall Middle School
0.29 mi away · Grades 5-7
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
598
Student:teacher ratio
13.0:1
District
Billerica
High
Billerica Memorial High School
0.53 mi away · Grades 8-12
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
1,718
Student:teacher ratio
13.7:1
District
Billerica

Walkability

Blended score for Billerica'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).

75
Walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes18
Grocery stores1
Parks6
Schools16
Transit stops20
Pharmacies3

Market position

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

On the market 280 days -- 193 more days than Billerica's current average of 87 days.
For reference, the median list price across 175 active listings in Billerica right now is $630,000.

Mortgage calculator

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

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%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$18,216/mo
$600,000 down
$2,400,000 loan
Principal & interest$15,566
Property tax (est.)$2,500
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 28, 2026.

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.