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$ 2,750,000
Est. payment | /mo
6,650 SqFt
$ 2,750,000
Est. payment | /mo
6,650 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,650 sqft
Price per Sqft $413
MLS Listing ID 73423401
HOA Y/N false
Year Built 1999
Annual Tax Amount $8,957
Tax Year 2025
Lot Size 0.550 Acres
Acres 0.55
Property Description
Established shopping plaza in a great location on Route 16 enjoying heavy foot and vehicular traffic, ideal for a 1031 exchange or portfolio expansion.Of the 7 units, 5 have long-term tenants providing consistent rental income, all on NNN. 3 units are in one large plaza (currently all are restaurants), there are two stand alone buildings housing one unit each and another small plaza with 2 units (both of which are vacant, offering immediate value-add potential). Various parking areas service all units, including some disabled parking spots. this property deserves your attention.
Location
State MA
County Middlesex
Zoning C
Direction Washington St is Route 16
Exterior
Utilities Available Private Sewer
Total Parking Spaces 21
Others
Senior Community false
Listed by Century 21 North East
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449