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222 Main St 26,308 SF 100% Leased Retail Building Townsend, MA 01469 $3,590,000 ($136.46/SF)
INVESTMENT HIGHLIGHTS
- Property consists of two parcels that totals approximately 26,000+/- SF of retail space on 2.86+/- acres.
- Free Standing Building (1,200+/- SF) to operate a quick service restaurant or bank with potential for a drive thru.
- Property is located on Main Street/Rte. 119 and behind the property is the bike/walking trail.
- Vacant units allows flexibility for an owner user buyer.
- Anchor Tenant - Family Dollar.
- Behind unit 8 there is currently a 20' x100' foundation that could be used for potential expansion subject to town approvals.
EXECUTIVE SUMMARY
Retail Shopping Center Available for Sale at 222 Main Street in Townsend, MA with Family Dollar as the anchor tenant.
Property consists of two parcels that totals approximately 26,000+/- SF of retail space on 2.86+/- acres.
The main retail shopping center totals approximately 25,000+/- SF with 6 out of the 9 units currently leased. Behind unit 8 there is currently a 20' x100' foundation that could be used for potential expansion subject to town approvals which could be ideal for a developer to maximize the property.
Additional Free-Standing Building (1,200+/- SF) that will be delivered vacant could be used to operate a quick service restaurant or bank with potential for a drive thru subject to town approval.
Free-Standing Building and other vacancies in the main retail shopping center allows flexibility for a buyer to operate their own business at this location. Property is located on Main Street/Rte. 119 and behind the property is the bike/walking trail.
Call now for additional information 978-251-1111.
Property consists of two parcels that totals approximately 26,000+/- SF of retail space on 2.86+/- acres.
The main retail shopping center totals approximately 25,000+/- SF with 6 out of the 9 units currently leased. Behind unit 8 there is currently a 20' x100' foundation that could be used for potential expansion subject to town approvals which could be ideal for a developer to maximize the property.
Additional Free-Standing Building (1,200+/- SF) that will be delivered vacant could be used to operate a quick service restaurant or bank with potential for a drive thru subject to town approval.
Free-Standing Building and other vacancies in the main retail shopping center allows flexibility for a buyer to operate their own business at this location. Property is located on Main Street/Rte. 119 and behind the property is the bike/walking trail.
Call now for additional information 978-251-1111.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
26,308 SF
Building Class
C
Year Built
1966
Price
$3,590,000
Price Per SF
$136.46
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
2.86 AC
Zoning
DCD
Parking
100 Spaces (4 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | TOWN-000051-000071 | Improvements Assessment | $916,300 |
| Land Assessment | $354,100 | Total Assessment | $1,270,400 |
PROPERTY TAXES
Parcel Number
TOWN-000051-000071
Land Assessment
$354,100
Improvements Assessment
$916,300
Total Assessment
$1,270,400
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