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414 Boston St 5,040 SF 24% Leased Office Building Topsfield, MA 01983 $1,600,000 ($317.46/SF)
INVESTMENT HIGHLIGHTS
- Heavy Foot Traffic
- Room for additional office rentals
- Profitable Italian Eatery
EXECUTIVE SUMMARY
Discover this great location ready for you! A Vibrant Commercial Opportunity. Run your business and live on the premises, this unique property is perfectly positioned with high visibility along the heavily traveled Route 1. This inviting property features versatile spaces, subdivided and separately metered, making it a canvas for entrepreneurial dreams. .Highlights include: Prime Visibility: Exceptional frontage on Route 1 that ensures maximum exposure. Diverse Income Streams: Operate the thriving restaurant while leasing office spaces for added revenue or subdivide the space for more income. Thoughtfully Maintained: Recent gas-fired rooftop HVAC units and a durable rubber roof installed in 2006 ensure comfort and efficiency. Inviting Atmosphere: Lush landscaping and prominent monument signage create an inviting presence. Seize this extraordinary opportunity to shape your vision at 414 Boston Ave!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Building Size
5,040 SF
Building Class
C
Year Built
1979
Price
$1,600,000
Price Per SF
$317.46
Percent Leased
24%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,040 SF
Building FAR
0.16
Lot Size
0.72 AC
Zoning
BP - Office Building
Parking
21 Spaces (4.17 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | HAMI M:47 B:125 | Improvements Assessment | $408,800 |
| Land Assessment | $378,800 | Total Assessment | $787,600 |
PROPERTY TAXES
Parcel Number
HAMI M:47 B:125
Land Assessment
$378,800
Improvements Assessment
$408,800
Total Assessment
$787,600
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414 Boston St
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