27 Kondelin Road FOR SALE


Gloucester, MA - North Shore
$3,499,999 USD
978-788-1524
, Gloucester, MA for Sale
$3,499,999 USD
FOR SALE
1/14
null | 5.88% Cap Rate

27 Kondelin Road
Gloucester, MA
North Shore


HIGHLIGHTS

  • 27 Kondelin Road is a turnkey, income-generating investment opportunity located less than an hour from Downtown Boston, New Hampshire, and Maine.
  • Spread across four buildings, the property features exceptionally maintained personal storage units and fully leased high-bay industrial units.
  • Property features include ample surface parking, unit climate control, 24-hour security camera observation, night lighting, and tenant-paid utilities.
  • Located just off the Western Avenue/Route 127 corridor in an industrialized area surrounded by an affluent population within the immediate vicinity.

OVERVIEW

27 Kondelin Road offers well-maintained personal storage and high-bay industrial units in Gloucester, Massachusetts. This fully leased, four-building complex spans 10,750 square feet, presenting a turnkey, income-generating investment opportunity. All buildings have legal certificates of occupancy from a diversified tenant roster that includes automotive service businesses, a medical fabricator, and more. The high-bay units feature large industrial units, and the self-storage facility offers direct door drive-up and climate control. Tenants pay their own utilities and enjoy on-site parking, 24-hour security camera observation, night lighting, large unit interior lighting, and city water. 27 Kondelin Road is in an industrialized area within moments of Western Avenue/Route 127. From the property, arrive Downtown Boston, New Hampshire, and Maine in less than an hour's drive. An affluent population of over 1,200 residents lives within a mile of 27 Kondelin Road, representing an average household income of approximately $168,500 per year.

ASK ABOUT THIS PROPERTY

Keven HobbsMain Deck Properties Inc.More Info
978-788-1524

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

Keven HobbsMain Deck Properties Inc.More Info
978-788-1524

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