SQUARE FEET21,912
MLS#73573026
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
128 CRE is pleased to offer the opportunity to acquire 77-79 Wexford Street in Needham, Massachusetts. The property comprises a 21,912 SF flex building situated on 1.02 acres within one of New Englands strongest suburban markets. Fronting both Wexford Street and Charles Street,77-79 Wexford Street is fully leased to AT&T, Schlage Lock Company, and Saltwoods, a custom furniture designer and manufacturer. Each of which has meaningful lease term remaining and the property represents a compelling opportunity for a 1031 exchange buyer, income-oriented investor, or potential redeveloper. A value-add opportunity exists through potential rental rate upside and the benefits of the Town of Needhams up zoned district may also provide an opportunity for future redevelopment.
Property Features
Property Type: Commercial - Business
Lot Size: 1.02 Acres
Taxes: $68,756
Year Built: 1962
Feature Descriptions
Building Area Total: 21912
Business Type: Commercial
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: 2
Parcel Number: M:075.0 B:0017 L:0000.0
Rental Term: Monthly
Listed By / Shown By
Listed By
Agency Name: 128 CRE
Agent Name: Douglas Adamian
Agency Phone: 617-916-1028
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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77-79 Wexford St | MLS# 73573026
This commercial property located at 77-79 Wexford St, Needham, MA 02494 is currently listed for sale with an asking price of $7,000,000. Search Needham real estate on www.masiellogrouprealestate.com today.