185 West Ave
Ludlow, MA 01056
Office Property For Sale
Property Facts
Amenities
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Security System
- Wi-Fi
- Air Conditioning
About 185 WEST AVE , LUDLOW, MA 01056
Attention Local & Out of Town Investors. 185 West Avenue is a Commercial Condominium Association. This building is a medical professional office park currently occupied by 12 Office Condo Suites, Physicians, Psychiatrist & Therapy Offices, Sports Rehabilitation, & Lab Testing Facility. The Real Estate For Sale is the entire building and all individual office condos. The current owners occupy a large number of suites and are willing to negotiate a long term lease to remain as tenants. This is a unique offering with a Capitalization of 5%. With full occupancy and full market rent from the anchor tenants, the CAP rate potential of 6% The building was constructed in 1988 and has a very large onsite parking lot and elevator to provide ease of access to the 2nd and 3rd Floor. Turn key opportunity with very positive return on your investment. Current owners want to lease back 95% of the building.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,357,900 | |
| Land Assessment | $85,300 | Total Assessment | $1,443,200 |
Property Taxes
