Property Description

Rare opportunity to acquire two commercially zoned properties being sold together on separate deeds, offering exceptional flexibility for investors, owner-users, or future redevelopment. The property at 12 Pleasant Street previously received approval (now expired) for an addition that would nearly double the existing square footage, providing outstanding expansion potential. The existing commercial space is highly versatile and can be easily demised into two separate income-producing commercial units. At the rear of the building, garage space connects via an interior stairwell to an unfinished upper-level area, presenting an excellent opportunity to create an additional residential apartment or a third commercial suite, subject to applicable approvals. The second floor currently features two residential apartments, creating multiple income streams from both commercial and residential tenants. The property has been well maintained with numerous capital improvements, including a fully sprinklered building, a newly installed boiler, a newly installed fire alarm control panel, and all hot water heaters replaced within the past five years. With multiple revenue opportunities, future expansion potential, and significant recent system upgrades, this is a unique investment opportunity in a desirable commercial location.

Property Features