$2,949,000
0.35
Acres
-
Property Description
An exceptional opportunity for both end users and investors. This property offers nearly 20,000 square feet of commercial space, attractively priced at under $150 per square foot. Conveniently located just off Moody St and only 0.4 miles from the commuter rail, it provides excellent accessibility. The current owner occupies approximately 2,800 square feet on the top floor and is willing to either vacate or remain, depending on the buyer’s preference. Since acquiring the property in 2016, the seller has invested over $1,000,000 in significant renovations including a new rubber membrane roof. The building features 12 commercial spaces with a strong, stable tenant base, generating an annual income of $345,000 and delivering an approximate 7.6% cap rate. The sale also includes an additional lot that offers ample parking.
-
Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1880
-
Additional Details
- Roof: Rubber
- Zoning Description: Legal Conforming
- Zoning: Comm
-
Fees / Taxes
- Tax Year: 2025
- Taxes: $48,070
Similar Listings
Sold
25 Photos
Sold
7 Photos
Sold
37 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Steve Bremis Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.