MLS#73501263
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
An exceptional opportunity for both end users and investors. This property offers nearly 20,000 square feet of commercial space, attractively priced at under $150 per square foot. Conveniently located just off Moody St and only 0.4 miles from the commuter rail, it provides excellent accessibility. The current owner occupies approximately 2,800 square feet on the top floor and is willing to either vacate or remain, depending on the buyers preference. Since acquiring the property in 2016, the seller has invested over $1,000,000 in significant renovations including a new rubber membrane roof. The building features 12 commercial spaces with a strong, stable tenant base, generating an annual income of $345,000 and delivering an approximate 7.6% cap rate. The sale also includes an additional lot that offers ample parking.
Property Features
Property Type: Commercial - Business
Lot Size: 0.35 Acres
Roof Type: Rubber
Taxes: $48,070
Year Built: 1880
Feature Descriptions
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: 58
Rental Term: Monthly
Utilities: Public Water, Public Sewer
Listed By / Shown By
Listed By
Agency Name: Steve Bremis Realty Group
Agent Name: The Steve Bremis Team
Agency Phone: 617-828-1070
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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100-104 Felton Street | MLS# 73501263
This commercial property located at 100-104 Felton Street, Waltham, MA 02453 is currently listed for sale with an asking price of $2,949,000. Search Waltham real estate on www.masiellogrouprealestate.com today.