Mixed use building in a highly visible location with excellent off-street parking. The first floor consists of 4 private offices a conference room with kitchenette, two half baths, a reception and bullpen area. Currently used as office space, but adaptable to many businesses with subdivision possibilities. The 2nd floor has three spacious one-bedroom apartments. The rents are well below market at $1,200 Taw #1, $1,700 #2 lease and $ 1,500 #3 Taw. This is a great opportunity to run your business with parking while collecting rental income in a highly visible location. Some expenses include Snow removal $3,450, Insurance $2,661.99, Heat $4,867.09. Water $1,655.59
Property Details
Price:
$1,499,900
MLS #:
73222031
Status:
Active Under Contract
Beds:
0
Baths:
5
Address:
442 Water St
Type:
Commercial
City:
Wakefield
Listed Date:
Apr 10, 2024
State:
MA
Finished Sq Ft:
5,698
ZIP:
01880
Lot Size:
19,027 sqft / 0.44 acres (approx)
Year Built:
1950
Schools
Interior
Exterior
Parking Spots
18
Financial
Buyer Agent Compensation
2.0%
Tax Year
2024
Taxes
$16,085
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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.,…
More About JamesCourtesy of Barrett, Chris. J., REALTORS®. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
442 Water St
Wakefield, MA
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