414 Boston St 5,040 SF 24% Leased Office Building Topsfield, MA 01983 $2,214,608 CAD ($439.41 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Heavy Foot Traffic
  • Room for additional office rentals
  • Profitable Italian Eatery

EXECUTIVE SUMMARY

Discover this great location ready for you! A Vibrant Commercial Opportunity. Run your business and live on the premises, this unique property is perfectly positioned with high visibility along the heavily traveled Route 1. This inviting property features versatile spaces, subdivided and separately metered, making it a canvas for entrepreneurial dreams. .Highlights include: Prime Visibility: Exceptional frontage on Route 1 that ensures maximum exposure. Diverse Income Streams: Operate the thriving restaurant while leasing office spaces for added revenue or subdivide the space for more income. Thoughtfully Maintained: Recent gas-fired rooftop HVAC units and a durable rubber roof installed in 2006 ensure comfort and efficiency. Inviting Atmosphere: Lush landscaping and prominent monument signage create an inviting presence. Seize this extraordinary opportunity to shape your vision at 414 Boston Ave!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Office
Building Size
5,040 SF
Building Class
C
Year Built
1979
Price
$2,214,608 CAD
Price Per SF
$439.41 CAD
Percent Leased
24%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,040 SF
Building FAR
0.16
Lot Size
0.72 AC
Zoning
BP - Office Building
Parking
21 Spaces (4.17 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Air Conditioning

PROPERTY TAXES

  • Listing ID: 33757943

  • Date on Market: 2023-04-12

  • Last Updated:

  • Address: 414 Boston St, Topsfield, MA 01983