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181 E Main St 2,729 SF 68% Leased Retail Building Orange, MA 01364 $750,000 ($274.83/SF)
Investment Highlights
- Real Estate comes with a Running Laundry Matt!!!
Executive Summary
Owner financing may be available!!!
Exceptional Commercial Investment Opportunity! Be the first to own this lucrative commercial property featuring two independent buildings on one lot, offering a combined total of 6,034 square feet. The property includes separate utilities, 3-phase power, two common area bathrooms, and ample on-site parking. Zoned for commercial and retail use, the property consists of six units plus two to three garage bays, allowing for a wide range of business opportunities. A special cannabis retail permit is deeded with the property, adding significant value and flexibility for future use. Generate immediate income with the included, fully operational laundromat, featuring both card and coin-operated washers and dryers. This versatile property has a proven track record of successful uses, including a tanning salon, used car dealership, vent cleaning business, and tow truck operation, making it ideal for investors or owner-occupants seeking strong income potential.
Exceptional Commercial Investment Opportunity! Be the first to own this lucrative commercial property featuring two independent buildings on one lot, offering a combined total of 6,034 square feet. The property includes separate utilities, 3-phase power, two common area bathrooms, and ample on-site parking. Zoned for commercial and retail use, the property consists of six units plus two to three garage bays, allowing for a wide range of business opportunities. A special cannabis retail permit is deeded with the property, adding significant value and flexibility for future use. Generate immediate income with the included, fully operational laundromat, featuring both card and coin-operated washers and dryers. This versatile property has a proven track record of successful uses, including a tanning salon, used car dealership, vent cleaning business, and tow truck operation, making it ideal for investors or owner-occupants seeking strong income potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,729 SF
Building Class
B
Year Built/Renovated
1975/2017
Price
$750,000
Price Per SF
$274.83
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.77 AC
Opportunity Zone
Yes
Zoning
A - Commercial, Retail
Parking
40 Spaces (45.45 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Orange Laundromat
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Orange Laundromat | Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1A
- 880 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1A | 880 SF | Retail | - | Now |
1A
| Size |
| 880 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | ORAN-000111-000000-000004 | Improvements Assessment | $332,000 |
| Land Assessment | $79,300 | Total Assessment | $411,300 |
Property Taxes
Parcel Number
ORAN-000111-000000-000004
Land Assessment
$79,300
Improvements Assessment
$332,000
Total Assessment
$411,300
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181 E Main St