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86 Newburyport Tpke

22,357 SF 100% Leased Retail Building Newbury, MA 01951 £3,360,623 (£150/SF)

Investment Highlights

  • 4 acre parcel with Business Light Industry Zoning
  • Possible Redevelopment Opportunity with Income
  • Subdivision is possible
  • 487' Frontage on Busy State Route 1
  • Minutes to Rail Station and Vibrant Downtown Newburyport

Executive Summary

Commercial Complex consisting of 3 buildings on 4 acres with 487' of frontage on busy state Rt. 1. 100 % Occupancy. Building 1: 11,392 SF- 3 tenants-auto sales in front and rear units and a cabinet maker in the middle unit. Building 2: 5,925 SF with 2 tenants auto sales and towing business with fenced in yard. Building 3:5,040 SF- 2 tenants: landscaper and dog daycare. Income and expense information available upon receipt of signed NDA.

Attachments

Covenant of Confidentiality

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
22,357 SF
Building Class
C
Year Built
1950
Price
£3,360,623
Price Per SF
£150
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.13
Lot Size
4.00 AC
Zoning
BLI Business Lt. Industry
Parking
40 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
128 ft on Newburyport Tpke

Amenities

  • Signage
1 of 1

PROPERTY TAXES

Parcel Number NEWB-000036R-000000-000019 Improvements Assessment £486,527
Land Assessment £376,045 Total Assessment £862,573

PROPERTY TAXES

Parcel Number
NEWB-000036R-000000-000019
Land Assessment
£376,045
Improvements Assessment
£486,527
Total Assessment
£862,573
(978) 618-2605

Contact

  • Listing ID: 25817574

  • Date on Market: 31/05/2022

  • Last Updated:

  • Address: 86 Newburyport Tpke, Newbury, MA 01951

The Retail Property at 86 Newburyport Tpke, Newbury, MA 01951 is currently available for sale. Contact Coldwell Banker Commercial Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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86 Newburyport Tpke
(978) 618-2605 x

86 Newburyport Tpke

Austin Spinella

(978) 618-2605

(978) 618-2605

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