Addie Finley | Billerica MA Real Estate Real Estate, Lowell MA Real Estate Real Estate

71-79 Turnpike Rd, Ipswich, MA 01938  

Type of Comm.
Lot Size
Don't miss out on this investors dream!!! 18 Unit Strip Plaza that comprised of a 3 buildings forming a U shape sitting on 3.7 Acres of Land, located on busy RT1 (Turnpike Rd) with a traffic count of 15,000/day. This sale also includes an abutting 2.5 acre lot with a mixed use zoning!!! The NOI is a whopping $434,204/Year, plus an option to build out mixed use buildings up to 35' height which will give you an incredible build out potential you won't want to miss.
Open House
No scheduled Open Houses
Lot Size: 269,636.00
Acres: 6.19
List Price: $5,900,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Stories: 1
Buildings: 3
Total Units: 18
Total Sq. Ft.: 31,500
Year Built: 1987
Approx. GLA: 31,500
MLS#: 72277105
Acres: 6.19
Expandable: Yes
Lot Size: 269,636.00
Parking Spaces: 140
Location: Shopping Mall, Strip
Short Sale Lender Approval: No
Lender Owned: No
21E On File: Yes
Assessed Building Value: $1,488,800
Condo Assoc.: No
Assessed Land Value: $1,126,100
Exchange: No
Gross Annual Expenses: $53,200
Gross Annual Income: $487,404
Taxes: $33,600
Tax Year: 2017
Net Operating Income: $434,204
Book/Page: 14382/89
Sublet: No
Special Financing: No
Survey: Yes
Total Assesed Value: $2,614,900
Zone Description: Legal Conforming
Manufacturing Sq. Ft.: 1,500
Manufacturing Units: 1
Office Sq. Ft.: 4,200
Office Units: 3
Retail Sq. Ft.: 22,200
Retail Units: 12
Residential Sq. Ft.: 1,200
Residential Units: 1
Warehouse Sq. Ft.: 2,400
Warehouse Units: 1
Disclosure Declaration: No
Disclosure: Front portion of the additional parcel is located on conservation. Buyer is responsible for their own due diligence for what size and type of building can be built on lot.
For Lease: No
Space Available: For Sale
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The listing office is AA Premier Properties, LLC and the listing agent is The Solutions Group. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 7/19/2018 6:05:00 PM.