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$ 275,000
Est. payment | /mo
1.05 Acres Lot
$ 275,000
Est. payment | /mo
1.05 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73490197
HOA Y/N false
Year Built 1987
Annual Tax Amount $5,394
Tax Year 2026
Lot Size 1.050 Acres
Acres 1.05
Property Description
Rare opportunity to acquire four office condominiums offered as a package in a well-maintained 20-unit professional building on busy Route 1 near the Topsfield Fairgrounds. Three units are currently occupied, providing immediate income, while one vacant unit offers flexibility for an owner-user or additional rental potential. Each unit features central AC, a private half bath, with two units also offering kitchenettes, and all utilities are separately metered. The property benefits from a recently paved parking lot with ample on-site parking for tenants and clients. New roof and septic. Unique value-add potential: three adjacent units can be combined to create a larger 1,950+ SF contiguous space. Ideal for investors or business owners seeking visibility, income, and future flexibility in a high-traffic location. Cannot be used for retail or residential. 3 tenants have leases until May 2027.
Location
State MA
County Essex
Zoning BH
Direction Route 1 (Boston Street) near the Fairgrounds
Exterior
Utilities Available Public Water, Private Sewer
Others
Senior Community false
Listed by Aluxety
Schools and Properties Nearby
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