1397sf Industrial Flex, Class B, Newburyport
Industrial
for Sale
| Catylist Listing ID: |
30831835 |
| Property Subtypes: |
Flex Space, Industrial-Business Park, Mixed Use
|
| Building Size (RSF): |
1,397 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$385,000 |
| Unit Price: |
$275.59 PSF |
| Ceiling: |
10 ft. Clear |
| Docks/Doors: |
1 Dock |
| Drive In Bays: |
1 Bay |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Build-to-Suit |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/27/2023 |
Overview / Comments
Faulkner Commercial Group is pleased to offer for sale this versatile, nicely fit-up Class B 1,397sf industrial flex condominium consisting of approximately 50% office space and 50% warehouse/ shop floor. The office space and warehouse were demised in 2020. There is the capacity to expand by constructing a second floor to add additional space. 100% wet sprinklers.
The production/ warehouse space features 100 amp power, grade-level overhead loading door, 16-18' ceiling height. The office space features an open floorplan, a kitchen/ break room & restroom.
This type & size property is in high demand in today's market. Located in Newburyport's thriving industrial park less than 3 miles to I-95; 5 miles to I-495, yet minutes to all that downtown & waterfront Newburyport have to offer: restaurants, retail, professional services, and much more. All information was obtained from seller & public records, prospective buyers are encouraged to perform due diligence as to details and suitability for their intended use. Condo Fee is $518/ quarter.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$2,270 (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Essex |
| Tax ID/APN: |
82/2/22 |
| Zoning: |
I |
| Highway Access: |
US Route 1, I-95 |
| Airports: |
Boston Logan Airport |
| Site Description: |
Located on Henry Graf Jr Rd, in the Lord Timothy Green Industrial Park |
| Area Description: |
Located on Henry Graf Jr Rd, in the Lord Timothy Green Industrial Park |
| Property Condition: |
Average |
| Year Built: |
2002 |
| Year Renovated: |
2020 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Total Parking Spaces: |
2 |
| Column Spacing: |
varies |
| Sprinklers: |
Wet |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,581 |
28,513 |
53,791 |
| Median Age: |
46.62 |
45.68 |
44.59 |
| Households: |
2,770 |
11,959 |
22,191 |
|
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