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- LoopNet Team
205-213 Main St
Gardner, MA 01440
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CAP RATE!
PROPERTY FACTS
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
ABOUT 205-213 MAIN ST , GARDNER, MA 01440
IN A WORD - CAP RATE 6! How can you get a better investment then a proposed CAP Rate of 6! This is a building that needs work, inside and out. The front is 3 great retail spaces. The 2nd floor is 4 apartments. The back building has 1 large 2 door garage commercial space. The second floor has a 2 bedroom apartment and a 1 bedroom. Between the two buildings are 2 garages you can assign or rent out. THIS BUILDING NEEDS WORK, in the CAP Rate sheet attached is a $300,000 budget to redo the building. With this $300k the CAP RATE is 6! Don't miss this, RIGHT ON MAIN STREET across from the police station. Fantastic Visibility.
PROPERTY TAXES
| Parcel Number | GARD-000022M-000015-000049 | Improvements Assessment | $210,500 |
| Land Assessment | $90,500 | Total Assessment | $301,000 |
PROPERTY TAXES
