Property Description

Exceptional opportunity to own two attached condominiums comprised of 17 total office spaces. This commercial investment is located in the heart of downtown Topsfield, set along high-visibility Main Street in one of the North Shores most affluent, low-vacancy communities. The approximately 5,419-square-foot office property offers stable in-place income with meaningful upside potential. The property is approximately 85% occupied by a diversified professional tenant base, including psychology, legal, technology, wellness, and personal-service businesses, many of which have been long-term occupants. Currently, three units are available, including one space that offers the potential to be reconfigured into three separate offices, creating an opportunity to maximize the property's income-producing capacity. A detailed rent roll and stabilized pro forma are available upon request. The property is ideally suited for a value-add investor, an owner-user seeking to occupy space while generating rental income, or a 1031 exchange buyer seeking a well-located North Shore asset with a clear path to long-term appreciation. Strong pedestrian access, established foot traffic, and durable demand for small professional office suites further support the property's investment appeal. Dont miss the opportunity to acquire a landmark Main Street property offering immediate income, flexible leasing opportunities, and significant long-term growth potential.

Property Features