94-104 N Main St - Storefront Retail/Office FOR SALE


Mansfield, MA 02048
$3,350,000 USD
781-858-9408
94-104 N Main St, Mansfield, MA for Sale
$3,350,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | 6.34% Cap Rate

94-104 N Main St
Mansfield, MA 02048


HIGHLIGHTS

  • Downtown location
  • Fully stabilized
  • Value-add potential

OVERVIEW

MINQ Property Group is pleased to present an opportunity to acquire a fully stabilized, mixed-use asset located in Downtown Mansfield. 94-104 N Main Street features 8 total units currently comprised of street-level commercial and residential above allowing a flexible mix of floorplans. Ample parking both on-site and via the adjacent municipal lot. Local zoning may allow for expansion, with an allowable FAR of 1.5, providing the possibility to significantly increase leasable area. Strategically located in the heart of Mansfield’s downtown commercial district less than ½ mile to the MBTA commuter rail offering service to Boston (North) and Providence (South). The property allows excellent access to major routes including Interstates 95/495 and close proximity to major retailers providing endless options for dining, entertainment and services. The Xfinity Center is located 3 miles away, Gillette Stadium is within 7 miles and Mansfield municipal airport is located 6 miles away. 94-104 N Main Street provides the investor with an excellent opportunity to acquire a performing asset with value-add benefits via cosmetic upgrades and potential expansion. Qualified investors will be given an opportunity to tour the property. Tours and a Call for Offers to be announced.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$366 USD /SF

CAP RATE

6.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 Unit Mixed-Use Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,164 SF

ZONING

-

APN/PARCEL ID

MANS-000023-000000-000197

ASK ABOUT THIS PROPERTY

Arcangelo MarianoMINQ Property GroupMore Info
781-858-9408

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Arcangelo MarianoMINQ Property GroupMore Info
781-858-9408

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