Well Located Opportunity in Salisbury Village Center
Office
for Sale
| Catylist Listing ID: |
30802718 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
4,624 SF
|
| Sale Price: |
$799,000 |
| Unit Price: |
$172.79 PSF |
| Ceiling: |
12 ft. |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class C |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/3/2022 |
Overview / Comments
Located in Salisbury village center, this property has exceptional possibilities. Possible use with approvals as office, retail, redevelopment into apartments, or use as a single-family residence. 3472sf residence, with 320sf office and 1152sf garage, currently home to a limousine business. Almost a half-acre lot with paved parking for 24+ vehicles in addition to the garage. Village Commercial (VC) zoning allows many uses by right or exception.
This is a great opportunity to be an integral part of the new development activity in Salisbury center, with the new library right across the street. Solid demographics, high traffic location with a seasonal surge.
All information was obtained from the seller and public information sources deemed to be reliable, prospective buyers are encouraged to perform due diligence as to material facts and suitability for their intended use. The business is not for sale, please do not inquire within.
|
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Essex |
| Tax ID/APN: |
006/ 014 |
| Zoning: |
VC |
| Year Built: |
1880 |
| Year Renovated: |
2015 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick/Vinyl Siding |
| Parking Type: |
Surface |
| Heat Source: |
Central |
| Internet Access: |
Cable |
| Lot Frontage: |
143.0 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,296 |
29,492 |
58,182 |
| Median Age: |
41.6 |
45.99 |
44.5 |
| Households: |
496 |
12,900 |
24,521 |
|
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