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Key Details
Sold Price $660,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 20,368 sqft
Price per Sqft $32
MLS Listing ID 73202540
Sold Date 07/31/24
HOA Y/N false
Year Built 1920
Annual Tax Amount $7,573
Tax Year 2023
Lot Size 1.040 Acres
Acres 1.04
Property Description
Opportunity knocks! 1.04 Acre ± commercial parcel featuring 3 buildings. Building 1 is approx 9422 sq ft on main level with an additional 8370 sq ft of lower level (currently used as storage, but potential other uses. Asphalt shingle section of roof on Building 1 was replaced in 2021. Building 2 is an auto mechanic shop w/ 4 garage doors of approx 1400 sq ft. Building 3 has 2 garage bays of approx 588 sq ft w/ an additional 588 sq ft above for storage/office space. The entire property is currently generating approx $65k gross rental income per year from multiple long term tenants w/ annual operating expenses of approx $21k. Part of building 1 level storage space will be vacant that owner currently uses. Many long term tenants, mostly at will. Most of the utilities are split w/ tenants paying their own. Large signage on Central St. This could work great for owner/user or an investment. 200 Amp electric service. 30+ parking spaces.
Location
State MA
County Worcester
Zoning BB
Direction Use GPS
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Rubber
Total Parking Spaces 30
Others
Senior Community false
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Bought with Nahum Omeler • Romy Realty