SQUARE FEET6,600
MLS#73436821
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Investment and/or development opportunity in NB Zone! Highly-desirable location with LOTS of parking. Address and Prospectus shared upon signing NDA. Established & recognizable retail tenants in place with triple net leases. One commercial unit is unoccupied/unfinished space, ready for your vision and completion as 3BR/1.5 BA (1200 s/f) with special permit. Significant recent investment in property infrastructure. Buyer responsible for all property verification and due diligence with facilitation by Seller Broker. Not in flood zone. Current Owner share annual expenses $4,116 factored for NOI $87,684. One unit vacant/no current income. Potential to vision and explore development of 7-10 Luxury Condominiums. Preliminary architectural plans to develop existing footprint and expand with (2) two additional footprints. Motivated Seller!
Property Features
Property Type: Commercial - Business
Lot Size: 0.93 Acres
Taxes: $11,198
Year Built: 1980
Feature Descriptions
Building Area Total: 6600
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 205
Rental Term: Monthly
Utilities: Public Water, Public Sewer, Natural Gas Available
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Evolution
Agency Phone: 978-927-8700
Agent Name: Janet Breiter
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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0000 Confidential Ave. | MLS# 73436821
This commercial property located at 0000 Confidential Ave., Gloucester, MA 01930 is currently listed for sale with an asking price of $2,900,000. Search Gloucester real estate on www.masiellogrouprealestate.com today.