$1,750,000
16,000
Living Area
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Property Description
Welcome to 799 Middlesex Turnpike in Billerica, an Investment Opportunity with Tenant Diversification. This free-standing, two-story property includes retail space, office space, off-street parking, and excellent visibility. With over 15,000 square feet of rentable space, the main tenant leases approximately 10,000 square feet, the restaurant Subway leases approximately 1,300 square feet, and over 4,500 square feet of second floor office space is available for lease. This property is an ideal asset for an investor seeking a projected 9+ CAP or for an owner-user. The newly expanded Middlesex Turnpike has become the gateway to this area, bringing new restaurants, apartments, and increased visibility.
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Highlights
- Acres: 1
- Property Class: Commercial Sale
- Status: Closed
- Parking Spots: 40
- Year Built: 1961
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Additional Details
- Zoning: 5
- Zoning Description: Other (See Remarks)
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Fees / Taxes
- Buyer Agent Compensation: 2%
- Tax Year: 2023
- Facilitator Compensation: 2%
- Taxes: $30,820
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Listing information provided courtesy of Coldwell Banker Realty - Weston.
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