86 Newburyport Tpke - Auto Dealership FOR SALE


Newbury, MA 01951
$4,295,000 USD
978-618-2605
86 Newburyport Tpke, Newbury, MA for Sale
$4,295,000 USD
Auto Dealership - FOR SALE
1/40
null | Request Cap Rate

86 Newburyport Tpke
Newbury, MA 01951


HIGHLIGHTS

  • 4 acre parcel with Business Light Industry Zoning
  • 487' Frontage on Busy State Route 1
  • Possible Redevelopment Opportunity with Income
  • Minutes to Rail Station and Vibrant Downtown Newburyport
  • Subdivision is possible

OVERVIEW

Commercial Complex consisting of 3 buildings on 4 acres with 487' of frontage on busy state Rt. 1. 100 % Occupancy. Building 1: 11,392 SF- 3 tenants-auto sales in front and rear units and a cabinet maker in the middle unit. Building 2: 5,925 SF with 2 tenants auto sales and towing business with fenced in yard. Building 3:5,040 SF- 2 tenants: landscaper and dog daycare. Income and expense information available upon receipt of signed NDA.

FOR SALE DETAILS

PRICE

$4,295,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

BLI Business Lt. Industry

APN/PARCEL ID

NEWB-000036R-000000-000019

ASK ABOUT THIS PROPERTY

Austin SpinellaColdwell Banker Commercial RealtyMore Info
978-618-2605

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Austin SpinellaColdwell Banker Commercial RealtyMore Info
978-618-2605

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