Commercial Investment Properties
Because of its location in Boston's MetroWest, this town continues to be a popular location for commercial investments. Since the town was originally incorporated in 1639, there are numerous properties like the Wayside Inn that showcase unique architecture. For a historic investment, check out the Sudbury Center Historic District. Originally established in 1800, this section regularly draws tourists and visitors to the area.
Until 2016, Raytheon's defense business was a large employer in the region. Because of the presence of employers like Raytheon and Sperry Rand, the town developed a reputation for having many engineers and high-tech workers. Today, modern industries can still enjoy having …show more content…
It is conveniently close to Framingham, Hudson, Concord, Acton and Wayland. Since it is placed just 20 lies west of Boston, it is a top investment site for commuters who want city access and a suburban lifestyle.
With the low cost of borrowing and relatively inexpensive prices, investing in the marketplace is a good choice right now. Businesses like to invest in the area because of the educated, skilled workforce. The proximity to Boston make the spot ideal for businesses and commuters. In addition, the many stately Capes and Colonials are appealing to residential investors.
Right now is a good time to invest in the marketplace. For residential properties, the price is expected to advance by 3 percent during the next year. Currently, the town has an average price per square foot of $309. This is significantly higher than the Boston Metro average of $263 and represents the more affluent nature of the homes. The median listing price is currently at $865,000, but the sale price is only $705,000. For investors, this represents a huge potential for buying a house at a below-market price and waiting for it to increase in value.
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