153-157 Main St - Storefront FOR SALE


Indian Orchard, MA 01151
$695,000 USD
413-240-2359
153-157 Main St, Indian Orchard, MA for Sale
$695,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

153-157 Main St
Indian Orchard, MA 01151


HIGHLIGHTS

  • Significant external building upgrades
  • Prime investment opportunity
  • Great location with ample parking

OVERVIEW

Investment opportunity- Great opportunity for owner occupier /investor. Mixed use property with 5 commercial/retail tenants on the first floor with two one bedroom residential apartments on the 2nd floor. Great corner location with high visibility. Ample on street with additional private rear parking lot. Current owner has upgraded many of the important asset features including new doors and windows, new exterior façade, new rear parking lot, new roofs, rebuilt chimneys, new rear staircase, new front balcony, new mini-split HVAC in the bar. All of the tenants are month to month with below market rents. This allows new ownership to decide how they’d like to manage or control the tenancy. The owner is also open to selling the BAR as part of the sale. Non-disclosure required for any pro forma information regarding the bar.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

CROSS STREETS

oak

LAND ACRES

0.25 AC

LAND SF

10,932 SF

ZONING

Business

APN/PARCEL ID

WFLD-000011-000000-000015

ASK ABOUT THIS PROPERTY

Walter KrollMacmillan GroupMore Info
413-240-2359

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Walter KrollMacmillan GroupMore Info
413-240-2359

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.