203 Lafayette Rd - Storefront Retail/Residential FOR SALE


Salisbury, MA 01952
$750,000 USD
508-451-0020
203 Lafayette Rd, Salisbury, MA for Sale
$750,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | Request Cap Rate

203 Lafayette Rd
Salisbury, MA 01952


HIGHLIGHTS

  • (4) Gas and (4)Electric Meters
  • .78 Acres with Paved Parking
  • (2) 10' x 10' Garage Doors
  • (2)Pylon Sign Posts on Rt 1
  • 8490 VPD Traffic Count
  • Sewer Tie-In at Street

OVERVIEW

This 5268 SF mixed-use property sites on .78 acres of land with strong visibility on Lafayette Rd (Route 1). There is paved parking as well as land for parking lot expansion. The building is set up for mixed-use, with a combination of retail, office, and residential spaces. This property presents a solid opportunity for an owner-occupant or investor, such as a landscaper or contractor, who can add value to their acquisition of the property while benefitting from rental income and exterior parking. The site offers two pylon sign posts, and town sewer is available at the street.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

CROSS STREETS

Pine St

LAND ACRES

0.78 AC

LAND SF

34,016 SF

ZONING

5

APN/PARCEL ID

SALI-000019-000000-000148

ASK ABOUT THIS PROPERTY

Dave KillenLandVestMore Info
508-451-0020

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Dave KillenLandVestMore Info
508-451-0020

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