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Key Details
Sold Price $850,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,907 sqft
Price per Sqft $143
MLS Listing ID 72678001
Year Built 1988
Annual Tax Amount $18,111
Tax Year 2020
Lot Size 2.110 Acres
Property Description
Ideal location off I-95- 100 Ferncroft Road is approx. 6000 Square feet of space featuring 18' ceilings, 2 large drive-in overhead doors and great glass walled office area. This property is zoned Industrial 1 which allows for many uses, wholesale, manufacturing, tradesman, storage, and others. Concrete construction, FHA by gas, ample power and 9 exclusive parking spaces. This property is made up of 3 condo units with separate utilities and is currently leased until May 2021. A savvy investor could buy now and when tenant vacates sell the 3 single units separately, similar single unit recently sold for 379,000 or lease some of the space.....many options for this well maintained condo. Ideal opportunity to buy 3 units at value vs. individual unit sale. INVEST OR OCCUPY . Includes parking space #s 28,29,30,31,41,42,43,66,67
Location
State MA
County Essex
Zoning I1
Exterior
Utilities Available Public Water
Roof Type Rubber
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Bought with Steven Belesis • Citylight Homes LLC