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$ 5,800,000
Est. payment | /mo
1.28 Acres Lot
$ 5,800,000
Est. payment | /mo
1.28 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73325705
HOA Y/N false
Year Built 1880
Annual Tax Amount $69,223
Tax Year 2024
Lot Size 1.280 Acres
Acres 1.28
Property Description
Cash cow. Versatile Industrial, warehouse, office space consisting of over 50k sq feet of rentable building space in a classified OPPORTUNITY ZONE! Multiple loading docs. Possible partial seller financing. Good candidate for condo/residential conversion. Room for rent increase, currently at a 7.2 percent cap rate. Walking distance to the commuter rail and public transportation.
Location
State MA
County Essex
Zoning mdl-96
Direction Salem St to Blanchard St.
Exterior
Total Parking Spaces 100
Others
Senior Community false
Listed by Century 21 North East
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "