Available for immediate acquisition this mixed-use property with an additional abutting potentially developable lot. Current income exceeds $8,000 monthly and $96,000 annually, not including the value-add. 109 Dodge Street is one commercial and residential mixed-use wood frame building situated on 11,020 +/- square feet of land being built around 1688, currently a dental practice on the first floor under lease until October of 2025 with one (1) 5-year option to renew and a 2-bedroom residential apartment above on a tenant-at-will basis. 5 Tozer Road is one residentially zoned parcel of land currently taxed and assessed as a parking lot having a land area of 13,540 square feet. The subject property is located in North Beverly Massachusetts, on the corner of Tozer Road and Dodge Street (Route 1A), accessible by Route 128 in about a two-minute drive time. See website for compete details and zoning information.

Property Details

Price:
$1,100,000
MLS #:
73302907
Status:
Active
Beds:
0
Baths:
0
Address:
5 & 109 Tozer Rd & Dodge St
Type:
Commercial
City:
Beverly
Listed Date:
Oct 16, 2024
State:
MA
Finished Sq Ft:
3,087
Total Sq Ft:
3,087
ZIP:
01915
Lot Size:
11,020 sqft / 0.25 acres (approx)
Year Built:
1688

Schools

Interior

Exterior

Parking Spots
19

Financial

Tax Year
2023
Taxes
$14,443

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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5 & 109 Tozer Rd & Dodge St
Beverly, MA