This 7,974 SF mixed-use property sits on 0.78 acres of land with strong visibility on Lafayette Road (Route 1). There is paved parking as well as land for parking lot expansion. The building is set up for mixed use, with a combination of retail, office, and residential spaces. This property presents a solid opportunity for an owner-occupant or investor, such as a landscaper or contractor, who can add value to their acquisition of the property while benefitting from rental income and exterior parking. The site offers two pylon sign posts, and town sewer is available for tie-in at the street. Highlights include: Four (4) Gas Meters, Four (4) Electrical Meters, Two (2) 10’ x 10’ Garage Bay Doors, Two (2) Pylon Sign Posts on Rt 1, Sewer Tie-In at the Street, plus Office, Retail, and Residential Uses. Traffic Count 8,490 VPD.
MLS# | 73294719 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1935 |
Days On Site | 9 |
Listing Provided By | LandVest, Inc. | Liam Jerome |
SQ Feet | 7,974 |
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Zoning | LM-C |
Acreage | 0.78 |
State | MA |
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County | Essex |
City | Salisbury |
Zip Code | 01952 |
Area | Essex |
Listing VS Median (in 01952) | |
Price: $900,000 low | high Med: $697,450 SqFt: 7,974 low | high Med: 2,644 $ / SqFt: $113 low | high Med: $264 On Site: 9 low | high Med: 37.000000 |