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1 Beverly Dr 2,600 SF Retail Building Sterling, MA 01564 $1,000,000 ($384.62/SF)
Investment Highlights
- High profile location
- Ample parking
- Low maintenance investment
Executive Summary
INVESTMENT OPPORTUNITY - Great 1031 exchange option! This 2,600 sqft property in the light industrial zoning district is in great condition. The property is currently leased to a Day Care business with multiple years remaining on the lease with escalating rents each year. The high profile property with frontage on Rt 12 features plenty of parking on just over an acre of land. All this only 1 mile from Rt 190
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
2,600 SF
Building Class
B
Year Built
1983
Price
$1,000,000
Price Per SF
$384.62
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.04 AC
Zoning
LI - Light Industrial
Parking
20 Spaces (7.69 Spaces per 1,000 SF Leased)
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | STER-000024-000000-000012 | Improvements Assessment | $168,300 |
| Land Assessment | $129,900 | Total Assessment | $298,200 |
Property Taxes
Parcel Number
STER-000024-000000-000012
Land Assessment
$129,900
Improvements Assessment
$168,300
Total Assessment
$298,200
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1 Beverly Dr
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