Bought with Robin McKeon • McKeon-Corcoran Real Estate
$495,500
$550,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 12/23/2022
Key Details
Sold Price $495,500
Property Type Commercial
Sub Type Office,Other,Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4917745
Sold Date 12/23/22
Year Built 1960
Annual Tax Amount $7,380
Tax Year 2022
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Office,Other,Retail
Property Description
This 2,592 SF Free Standing Commercial Building is situated directly off of Main Street. Surrounding neighbors include various food establishments, coffee shops, retail shops, financial institutions, etc. This building has been extremely well maintained both inside and out. Building is located in the General Business zone allowing for various future use types including, but not limited to professional services, medical, personal services, automotive repair, warehousing, wholesale and agriculture. The current lease in place extends through June 2024 with a well established personal training business. Cap Rate 5.44% / NOI $29,895.
Location
State MA
County Ma-essex
Area Ma-Essex
Zoning GB
Interior
Heating Gas - Natural
Cooling Other, Wall AC Units
Exterior
Exterior Feature Concrete
Utilities Available Cable
Building
Sewer Public
Water Public
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