Development Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30754018
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 1,644 SF
Sale Price: $425,000
Unit Price: $258.52 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,644 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2021

Overview / Comments

2.824 acres of commercial real estate for sale offering excellent visibility in the center of Tyngsborough, MA. These two lots combined allow for potential expansion offering beautiful views to the Merrimack River. The existing building boasts an open floor plan, large storefront windows, newer AC compressor, newer hot water heater, security system, NEST, large lot, ample parking, large pylon sign and convenience to area amenities including restaurants, retail shops, financial institutions, supermarkets, gas stations, etc. Close proximity to the intersection of multiple roads allowing easy access to and from Lowell, Chelmsford, Nashua, and Hudson. Excellent opportunity, at an affordable price, for any new or existing business!

The Town of Tyngsborough is located in the Northwest section of Middlesex County, Massachusetts. Composed of 17.86 square miles of land and surface water, Tyngsborough borders the city of Lowell, the towns of Chelmsford, Dracut, Groton and Dunstable, as well as the State of New Hampshire communities of Hudson, Pelham, and Nashua. Tyngsborough is 44 miles northwest (71 km) from Boston along the Route 3 corridor.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $5,377 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Middlesex
Taxing Authority: Tyngsborough
Tax ID/APN: 20 58 0
Zoning: BUSINESS 2 - OFFICE/PROFESSIONAL
Property Visibility: Excellent
Feet of Frontage: 675
Airports: Boston Logan International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,644 SF
Property Condition: Good
Year Built: 1962
Roof Type: Flat
Total Parking Spaces: 10
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Lot Frontage: 675
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,528 32,161 142,190
Median Age: 39.43 39.81 38.92
Households: 1,080 13,187 52,773

Contact

Photograph of Listing Agent

Kristine LaPorte

KW Commercial, NH NECPE Member
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