Catylist ID:
#30149398
| Catylist Listing ID: | 30149398 |
| Property Subtypes: | Office, Retail |
| Gross Land Area: | 4.52 Acres |
| Sale Price: | $825,000 |
| Unit Price: | $182,522 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/10/2024 |
Overview / Comments
|
Opportunity to acquire 4.52± acres of prime retail/commercial land located in a highly sought-after area with frontage on Route 110. This location is less than ½ mile from I-95 and I-495 and directly across from the busy Carriage Town Marketplace. Traffic counts of 32,468± vehicles per day, ensure a steady stream of customers and patrons. Conceptual plans show that up to 5,065± SF of retail/commercial space with a drive-through could potentially be accommodated on this site, but there are other footprints and configurations that are also possible. - Potential for signalized intersection - Recent wetland delineation - Conceptuals for up to 5,065± SF with drive-through - Prime location with frontage on Route 110 |
Attachments & Media
Financials
| Finance Data Year | 2017 |
|---|---|
| Real Estate Taxes - Annual($) | $1 (Annual) |
Additional Details
| Nearest MSA: | Boston-Cambridge-Newton |
| County: | Essex |
| Tax ID/APN: | 79/57 |
| Zoning: | COMMERCIAL/R20 |
| Property Visibility: | Excellent |
| Site Description: | Prime location with frontage on Route 110. |
| Lot Frontage: | Unknown |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,466 | 38,001 | 61,761 |
| Median Age: | 42.54 | 42.91 | 44.45 |
| Households: | 1,906 | 15,541 | 25,850 |
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