Three Bay Auto Garage

Industrial for Sale
Catylist Listing ID: 30853549
Property Subtypes: Cold Storage, Free-Standing, Other
Building Size (RSF): 3,220 SF
Gross Land Area: 9.45 Acres
Sale Price: $500,000
Unit Price: $155.28 PSF
Ceiling: 14 ft. Clear
Drive In Bays: 3 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/15/2024

Overview / Comments

This 3,220 SF building consists of an old office area and a newer free span metal building, with three bays including a 12' X 10' door and two 8' X 9' Doors. The 13' clear warehouse has room for 4 lifts (not included in sale). Single Phase 400 Amps.

This property is in a (RR) rural density zone. Use permit expires in 2025, and is being leased to an mechanic now who is month to month.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $1 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Tax ID/APN: M674, B601, L19
Zoning: (RR) RURAL DENSITY
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Poor
Year Built: 1940
Roof Type: Gable
Construction/Siding: Block
Parking Type: Surface
Parking Description: Ample Parking
Column Spacing: N/A
Sprinklers: None
Amps: 400
Heat Type: Oil
Heat Source: Ceiling Units

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,080 55,019 105,653
Median Age: 42.69 38.82 40.53
Households: 2,387 21,690 41,352

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