Listing # 73409435

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Description

Investors and business owners take notice with this 4 Unit, Mixed use property that contains 2, 2-bedroom, residential units, and 2 commercial units. close to the ocean and downtown area. Very well-maintained property with existing owners' business on site. Current owners' family run business uses most of the building but can be reduced to allow leases of the residential 2 bedrooms, and the additional commercial unit. Price does include owners' family run business in the sale price. Please refer to floor plans. Plenty of off-street parking. The location is key, with its proximity to the ocean. Condo conversion potential is outstanding and/or buy as is for investment with the business transfer. Owners willing to stay on and train and stay on as employees as well. Due to owner's use of the building current rent roll is not at market. This is a Turnkey building and business. Taxes and balance sheet on business available with signed NDA.

Property Details
For Sale

$1,900,000

  • County: Essex
  • Sq. Ft: 3920
Utilities
  • Public Water
  • Public Sewer
  • Natural Gas
  • 220 Volts
Additional Information
  • Ci Type: Mixed Use
  • Zone Description: Legal Conforming

Location

Seller's Representative:
Peter Castrichini
Barry Realty Group

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MLS PIN data last updated at April 28th, 2022 10:36:53 AM EDT