Butcher Shop, Mixed Use for Sale

Undisclosed Address, Newburyport, MA 01950
Retail-Commercial for Sale
Catylist Listing ID: 30236832
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 7,781 SF
Gross Building Area: See Agent
Sale Price: $890,000
Unit Price: $114.38 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/20/2018

Overview / Comments

KW Commercial is pleased to announce a Popular Butcher Shop and Mixed Use Real Estate for Sale. Available to purchase in Newburyport. Zoned R2, currently this is a mixed-use 2 story building with retail on the first floor and two residential apartments above. The Building itself is 7781 sf and sits on a .24 Acre corner lot with parking for 10 vehicles. Retail space 2044 sf with 2058 sf basement space. Apartment 1 is a 4 room, 1-bedroom 1000 sf unit. Apartment 2 is a 5 room 2-bedroom 1100 sf unit. Both units are equipped with washer and dryer. Listing price is for Real Estate Only. Business and FF&E sold separately. Business is a long-standing butcher shop and take out specialty foods. There is also an option to purchase Beer and Wine License separately.
List price includes business with real estate.

Confidential listing, details provided after execution of a Non-Disclosure Agreement.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $6,718 (Annual)

Additional Details

Tax ID/APN: 0042:0084:0000
Zoning: R2
Property Located Between: High Street and Myrtle Avenue
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1902
Total Parking Spaces: 10
Parking Type: Surface
Sprinklers: None
Heat Type: Oil
Air Conditioning: Engineered System
Lot Frontage: TBD
Water Service: Municipal
Sewer Type: Municipal

Contact

Photograph of Listing Agent

Ronald Fredette

KW Commercial, NH NECPE Member
Photograph of Listing Agent

Richard Vincent

KW Commercial
NECPE Member
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