Address
325 Main St, North Reading, MA
Price
$ 1,125,000
Property Attributes
- MLS#73217362
- TypeCommercial
- CountyMIDDLESEX
- CityNorth Reading
- Zip01864
- Style
- Year Built1988
- Taxes$ 14143
- Price$ 1,125,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7773
- Lot Size0.79 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
" LANDSCAPERS WELCOMED " Rare Mixed use Commercial Plaza on busy Main Street (Route 28) North Reading. Highway Business Zoning. Currently has one Retail unit , 7 Office units, and 9 Rentable truck parking spots. This property has the possibility for 17 separate rents when fully rented. Rent roll available upon request. Two office units open currently for new owner to move right in if desired. Perfect for a growing company that needs truck parking, office or retail space. Very close to I-93, Rt 125 and down town Andover. High visibility location with great roadside pylon sign. Detail interior floor plans attached. Building has ground floor access on two different levels. Title 5 Passed. Buyer and buyer's agent must verify all information including legal use of property and perform their own due diligence. Property's potential rent is roughly $125,253 plus truck rentals when completely rented. Leases in place. Clean 21E - https://eeaonline.eea.state.ma.us/portal#!/wastesite/3-0037
| Price History | |
|---|---|
| 3/28/2024 | Listed $1,125,000 |
General Features
| Utilities | Public Water,Private Sewer,Natural Gas Available |
|---|---|
| Roof | Rubber |
| Zoning | HB |
| Year Built | 1988 |
| Tax Year | 2024 |
| Gross Income | 88356 |
| County | Middlesex |
| Net Operating Income | 58758 |
| Operating Expense | 29598 |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | Route 28 near Andover line. |
| City | North Reading |
| Disclosures | Not a conforming HB lot. Building was rebuilt from the footprint - completed in 1988 totaling 7,773 sq. ft. per owner. Buyer and buyer's agent to do own due diligence. |
| Senior Community Y/N | No |
| Zoning Description | Legal Non-Conforming |
| Lot Size Square Feet | 34237 |
| Waterfront Y/N | No |
| Street Name | Main St |
| Tax Annual Amount | 14143 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
Exterior Features
| Total Parking | 40 |
|---|---|
| Lot Size Area | 0.79 |
| Building Area Total | 7773 |
| Lot Size Acres | 0.79 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 01864
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
