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149 Merrimac St - Storefront Office / Retail Commercial Condo
850 SF Office/Retail Condo Unit Offered at $290,000 in Newburyport, MA 01950
Investment Highlights
- Street Level Storefront Unit Zoned for Retail or Office Use
Property Facts
| Price | $290,000 | Sale Type | Investment or Owner User |
| Unit Size | 850 SF | Building Class | C |
| No. Units | 1 | Floors | 1 |
| Total Building Size | 850 SF | Typical Floor Size | 850 SF |
| Property Type | Multifamily (Condo) | Year Built | 1850 |
| Property Subtype | Apartment |
| Price | $290,000 |
| Unit Size | 850 SF |
| No. Units | 1 |
| Total Building Size | 850 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment or Owner User |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 850 SF |
| Year Built | 1850 |
1 Unit Available
Unit 7&8
| Unit Size | 850 SF | Sale Type | Investment or Owner User |
| Price | $290,000 | Cap Rate | 10.34% |
| Price Per SF | $341.18 | NOI | $30,000 |
| Condo Use | Office/Retail |
| Unit Size | 850 SF |
| Price | $290,000 |
| Price Per SF | $341.18 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.34% |
| NOI | $30,000 |
Description
This 850 square foot commercial space is made up of two combined commercial condos, units 7 & 8. This space can be used for retail or office space.There is a bright and open reception area with work stations, a large conference room with a wall mounted television screen for presentations, a private office with it's own exterior entrance and a storage closet and bathroom. The heat and lighting is all electronically controlled through your smart phone and the space has been updated in the past eighteen months. The heat is natural gas forced hot water and the AC is a wall mounted AC unit that cools the whole space. Low condo fee of $208 a month includes, master insurance, water and sewer, exterior maintenance and snow removal. This is a prime location with maximum visibility and signage. List agent is the owner of the unit.
Sale Notes
Walking Distance to the water, parking garage and downtown. This 850 square foot commercial space is made up of two combined commercial condos, units 7 & 8. This space can be used for retail or office space.There is a bright and open reception area with work stations, a large conference room with a wall mounted television screen for presentations, a private office with it's own exterior entrance and a storage closet and bathroom. The heat and lighting is all electronically controlled through your smart phone and the space has been updated in the past eighteen months. The heat is natural gas forced hot water and the AC is a wall mounted AC unit that cools the whole space. Low condo fee of $208 a month includes, master insurance, water and sewer, exterior maintenance and snow removal. This is a prime location with maximum visibility and signage. List agent is the owner of the unit.
+12 More
Front Work Area
Front Work Area
Reception Area
Conference Room
Conference Room
Conference Room
Conference Room
Bath
Private Office
Private Office
Private Office
Private Office
Storage Closet
Entrance
Reception
Reception
Reception
-
Doug Danzey -
eXp Realty
Learn More About Investing in Apartment Buildings
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149 Merrimac St - Storefront Office / Retail Commercial Condo
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