Sold!
$962,500
4,800
Living Area
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Property Description
114-B State Road offers investors the opportunity to acquire a stabilized, income-producing office property in the Upper Cape market with immediate cash flow and long-term tenant stability. The ±4,800 SF building is primarily leased to an established environmental consulting firm. The basement level maintains a separate lease, providing diversified income. Offered at an 8% capitalization rate, this property is well-suited for investors seeking predictable income with modest value-add potential.
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Highlights
- Property Class: Commercial Sale
- Status: Closed
- Year Built: 1981
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Additional Details
- Zoning: I
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2025
- Taxes: $6,082
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