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116 Parker St 34,579 SF Industrial Building Newburyport, MA 01950 $3,995,000 ($115.53/SF)
INVESTMENT HIGHLIGHTS
- Fully Air Conditioned
- Abutting 1.9 acres also available, Package Deal Possible
- Level Centrally located Corner Lot
- Well Established Tenant
EXECUTIVE SUMMARY
A well established aeronautic components manufacturer occupies this 34,579 SF fully airconditioned facility. Located in heart of the Newburyport Business Park on a 3.27 acres corner lot. Current tenant is Pursuit Aerospace. They have a triple net five year lease term that expires June 2028.
PROPERTY FACTS
| Price | $3,995,000 | Lot Size | 3.72 AC |
| Price Per SF | $115.53 | Rentable Building Area | 34,579 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1972 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 14’ |
| Zoning | I-1 Industrial | ||
| Price | $3,995,000 |
| Price Per SF | $115.53 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 3.72 AC |
| Rentable Building Area | 34,579 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Tenancy | Single |
| Clear Ceiling Height | 14’ |
| Zoning | I-1 Industrial |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Number | NEWP-000079-000004 | Improvements Assessment | $1,688,800 |
| Land Assessment | $638,400 | Total Assessment | $2,327,200 |
PROPERTY TAXES
Parcel Number
NEWP-000079-000004
Land Assessment
$638,400
Improvements Assessment
$1,688,800
Total Assessment
$2,327,200
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116 Parker St
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