Property Attributes
- MLS#73233134
- TypeCommercial
- CountyWORCESTER
- CityLeominster
- Zip01453
- Style
- Price$ 695,000
- Bedrooms0
- Full Bathrooms7
- Half Bathrooms0
- Sqr Footage6400
- Lot Size0.38 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
TURNKEY MIXED USE BUILDING, 100% OCCUPIED, PRIME LOCATION WITH 25 PARKING SPACES, PAVED LOT, APPROX 8% CAP RATE, HANDICAPPED ACCESSIBLE FIRST FLOOR. The building has 3 commercial units and 1 residential unit currently leased for $2400.00 per month. Handicapped accessible main level houses 12 rooms, 5 bathrooms and 3 thriving businesses. The residential unit occupies the top 2 floors featuring 2700 sq feet of space with 4 bedrooms, 2 full baths and laundry room which could make this property the perfect set up for an owner-occupied, income producing option. A newer composite deck, stairs and vinyl railings are on the back of the building. Also featuring central air, mini splits, security system, irrigation system and 25 off street, marked parking spaces in a paved parking lot. The building is brick and vinyl sided with 4 entrances to the main floor. Superb downtown location, close to shopping, Monument Sq within walking distance.
Price History | |
---|---|
5/4/2024 | Listed $695,000 |
General Features
Utilities | Public Water,Public Sewer,Natural Gas Available |
---|---|
Roof | Rubber,Slate |
Zoning | ResC |
Year Built | 1950 |
Tax Year | 2024 |
Gross Income | 73500 |
County | Worcester |
Net Operating Income | 66235 |
Property Type | Commercial Sale |
HOA / Comm Assn | No |
Status | Active |
Directions | Lancaster St is Rt 117,close to Monument Square. |
City | Leominster |
Disclosures | Neither seller or listing agent make any representations as to the accuracy of any information contained herein. Buyer/buyer agent must conduct their own due diligence. Seller has never lived in prop |
Senior Community Y/N | No |
Zoning Description | Legal Conforming |
Lot Size Square Feet | 16586 |
Waterfront Y/N | No |
Street Name | Lancaster St |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Standard Status | Active |
Interior Features
Total Baths | 7 |
---|
Exterior Features
Total Parking | 25 |
---|---|
Lot Size Area | 0.38 |
Building Area Total | 6400 |
Lot Size Acres | 0.38 |
Frontage Length | 93.00 |
Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool