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- LoopNet Team
95 Church St
Pembroke, MA 02359
Anderson Plaza · Retail Property For Sale
Executive Summary
VACANT/OWNER USE or investment opportunity. GREAT LOCATION for a RETAIL store. Gross Income $19,800. Expenses: $6,611 (Property Taxes: YR/2018 $2,183/yr, Condo Fee: $289/per month, $3,468 year) & Owners insurance estimated $960/year, Net Operating Income is $13,189. Tenant pays utilities, heat & electric. Asking price $225,000. Potential upside with future rent increases & negotiable price. Potential cap rate of 7%-8%. This is an end cap commercial retail condo currently leased and located in a prime sought after area on Route 139 in Pembroke, MA. This condo unit was built in 1978 and offers a gross area of 1,920 square feet. 960 sqft of street level Retail space and 960 sqft of dry basement space. In line amongst many well established businesses. Pylon Signage. High visibility & traffic count of over 21,000 cars per day. Ample parking. These units do not come up for sale very often. This is a great opportunity to purchase this one for your RETAIL location or as an investment while interest rates are still low ! Close proximity to Routes 3 & 53.
PROPERTY FACTS
Amenities
- Signage
zoning
Zoning Code | Commercial |
Commercial |
Learn More About Investing in Retail Properties
Listing ID: 12319551
Date on Market: 4/20/2018
Last Updated:
Address: 95 Church St, Pembroke, MA 02359