$ 900,000
203 Lafayette Road Salisbury, MA 01952
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$ 900,000
Est. payment | /mo
7,974 SqFt
$ 900,000
Est. payment | /mo
7,974 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,974 sqft
Price per Sqft $112
MLS Listing ID 73294719
HOA Y/N false
Year Built 1935
Annual Tax Amount $5,988
Tax Year 2024
Lot Size 0.780 Acres
Acres 0.78
Property Description
This 7,974 SF mixed-use property sits on 0.78 acres of land with strong visibility on Lafayette Road (Route 1). There is paved parking as well as land for parking lot expansion. The building is set up for mixed use, with a combination of retail, office, and residential spaces. This property presents a solid opportunity for an owner-occupant or investor, such as a landscaper or contractor, who can add value to their acquisition of the property while benefitting from rental income and exterior parking. The site offers two pylon sign posts, and town sewer is available for tie-in at the street. Highlights include: Four (4) Gas Meters, Four (4) Electrical Meters, Two (2) 10’ x 10’ Garage Bay Doors, Two (2) Pylon Sign Posts on Rt 1, Sewer Tie-In at the Street, plus Office, Retail, and Residential Uses. Traffic Count 8,490 VPD.
Location
State MA
County Essex
Zoning LM-C
Direction exit 90 from I-95N onto Toll Rd W, left onto MA-286 E/Pike St, Right on US1, property on right
Exterior
Utilities Available Public Water, Sewer Available, See Remarks
Waterfront false
Total Parking Spaces 15
Others
Senior Community false
Listed by LandVest, Inc.
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449