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8 Main St

2,850 SF 100% Leased Flex Building Essex, MA 01929 $1,186,955 CAD ($416 CAD/SF)

Executive Summary

Corner Lot with high traffic count on high visibility route 133 in Essex. Desirable opportunity on a flat lot improved with a 2,850 sq. ft. block building and paved lot. Grandfathered illuminated signage on property. Historically used for automotive repair and is offered with three service bays with two 10 X 10 overhead doors at the front of the building and one 12 X 14 to the side rear and two vehicle lifts. Property is heated by FHA by gas and a supplemental onsite waste oil burner that has been well kept and clean. Shop and office space illuminated with updated LED lighting. The premises can be repurposed for other commercial uses such as a base property for a contractor, light manufacturing, office or retail establishment or potential to repurposed for Condominium Townhouse Complex. The property is served by municipal water and municipal sewer with a car count of 16,400 taken by MA DOT when causeway bridge recently replaced.

Property Facts

Price $1,186,955 CAD
Price Per SF $416 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Light Distribution
Building Class C
Lot Size 0.32 AC
Rentable Building Area 2,850 SF
No. Stories 1
Year Built 1967
Parking Ratio 2.46/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HAMI M:60 B:135
Land Assessment
$503,450 CAD
Improvements Assessment
$247,057 CAD
Total Assessment
$750,507 CAD

zoning

Zoning Code C00 (Commercial)
C00 (Commercial)
  • Listing ID: 31752748

  • Date on Market: 2024-05-09

  • Last Updated:

  • Address: 8 Main St, Essex, MA 01929

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