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414 Boston St

5,040 SF 24% Leased Office Building Topsfield, MA 01983 $1,600,000 ($317/SF)

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Investment Highlights

Heavy Foot Traffic
Room for additional office rentals

Profitable Italian Eatery

Executive Summary

Free Standing Office / Retail building with Rt. 1 Frontage and visibility. The property subdivides and is separately metered for four (4) separate tenants. Property sale includes Pizza / Italian Restaurant, a lass II Used Auto Dealer License, 3 office spaces and this sale includes the Real Estate! Opportunities are endless at this well maintained property which includes newer gas fired rooftop HVAC units (approximately 10 years), rubber roof (installed in 2006), wood fired pizza oven, and more! Property has been well maintained landscape and offers a large monument signage on Rt. 1. Operate the Pizza shop, used auto Dealer and rent the offices for even more revenue! This is the opportunity you have been looking for!

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Office

Building Size

5,040 SF

Building Class

Year Built

1979

Price

$1,600,000

Price Per SF

$317

Percent Leased

24%

Tenancy

Multiple

Building Height

1 Story

Typical Floor Size

5,040 SF

Building FAR

0.16

Lot Size

0.72 AC

Zoning

BP - Office Building

Parking

21 Spaces (4.17 Spaces per 1,000 SF Leased)

Amenities

Signage

Air Conditioning

About 414 Boston St , Topsfield, MA 01983

Free Standing Office / Retail building with Rt. 1 Frontage and visibility. The property subdivides and is separately metered for four (4) separate tenants. Property sale includes Pizza / Italian Restaurant, a lass II Used Auto Dealer License, 3 office spaces and this sale includes the Real Estate! Opportunities are endless at this well maintained property which includes newer gas fired rooftop HVAC units (approx 10 years), rubber roof (installed in 2006), wood fired pizza oven, and more! Property has been well maintained landscape and offers a large monument signage on Rt. 1. Operate the Pizza shop, used auto Dealer and rent the offices for even more revenue! This is the opportunity you have been looking for!

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