Beautiful Retail/ Office/ Warehouse Condo - Tewksbury, MA

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30864589
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Other
Condo? Yes
Building Size (RSF): 1,970 SF
Gross Building Area: See Agent
Sale Price: $339,000
Ceiling: 12 ft.
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 1,970 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/13/2024

Overview / Comments

Tremendously flexible retail or office space with warehouse or shop floor space in the rear. The vibrant business is relocating and this presents an opportunity for you! This 1,970sf retail condominium in Tewksbury's Village Landing Professional Building on MA Route 38, (Main St), features multiple showrooms and offices up front with beautiful flooring, either beautiful new polished epoxy flooring or new laminate flooring you'd mistake for hardwood. The warehouse features a drive-in/grade-level overhead door, and has the original concrete floor and original ceiling tiles.

The Condo Association fee is $470.13 per month and includes water, snow removal, community trash dumpster, landscape, and master insurance. New ceiling tiles throughout with the exception of the warehouse. There was a new furnace installed in 2020.

All information was obtained from the seller or public records, prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition.

Be advised that security system records audio and video.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Middlesex
Tax ID/APN: 0006/0155
Is Condo?: Yes
Zoning: IL
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Traffic/Vehicle Count: 20,812
Highway Access: I-495 to Exit 92 South, head south to subject property, #885, Unit 5
Site Description: Located in Tewksbury's Village Landing Professional Building on MA Route 38, (Main St)
Area Description: Located in Tewksbury's Village Landing Professional Building on MA Route 38, (Main St)
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1987
Year Renovated: 2020
Roof Type: Other
Construction/Siding: Brick
Total Parking Spaces: 50
Parking Type: Surface
Heat Type: Natural Gas
Lot Frontage: -
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,337 53,538 209,890
Median Age: 45.26 41.13 37.63
Households: 2,202 19,747 75,803
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.