Mixed Use Property & Veterinary Business

Special Purpose for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30432095
Property Subtypes: Health Care/Medical
Building Size (RSF): 2,656 SF
Gross Land Area: 0.73 Acres
Sale Price: $680,000
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2019

Overview / Comments

2,656sf Mixed Use structure as well as the business assets of High Street Veterinary Hospital, LLC, a highly respected veterinary practice, in business at this location for 40 years total, 13 years by the current owners. The first floor is comprised of the business offices, exam, testing and treatment rooms, restrooms and waiting room. The second floor is a one bedroom, one bath, five-room apartment. Significant updates and capital improvements have been completed in the last few years.

The subject business is very well located, with many retail, automotive, services, and other commercial neighbors, including Salem Five Bank, Moore GMC Tuck, Walgreens and more.

Total rents are $3,800 per month, $1,000/ mo for the apartment, $2,800/ mo for the first floor business. Detailed financial reports are available to qualified prospective buyers upon full execution of a Confidential Non Disclosure Agreement. Please do not inquire within, this is an active, operating business.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Taxing Authority: City of Danvers, MA
Tax ID/APN: 051 321
Zoning: I-1
Property Visibility: Excellent
Feet of Frontage: 60
Property Condition: Good
Year Built: 1870
Year Renovated: 2015
Roof Type: Gable
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Window Unit
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,430 98,967 202,240
Median Age: 44.03 42.36 42.28
Households: 4,802 42,986 82,222
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