Bill Hoey - RE/MAX Renaissance Inc.

24 Main St, North Reading, MA 01864


Sale Price

Type of Comm.
Lot Size
Cash flow and location !!!! With this location in front of very successful strip center with National Anchors such as CVS and Auto Parts Plus. This property will always have cash flow. Qualified investors....Qualified buyers...Call today for private tour. 100 % occupied.
Lot Size: 15,246.00
Acres: 0.35
Sale Price: $850,000
Settled Date: 5/31/2017 12:00:00 AM
List Price: $899,900
Type: Commercial
Type of Comm.: Commercial
Status: Sold
Stories: 2
Buildings: 2
Total Units: 5
Total Sq. Ft.: 5,350
Year Built: 1925
Approx. GLA: 5,350
MLS#: 71950820
Acres: 0.35
Lot Size: 15,246.00
Parking Spaces: 15
Parking Features: 11-20 Spaces, Paved Driveway
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Site Condition: Level, Open
Utilities: Public Water, Private Sewer
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $326,000
Assessed Land Value: $262,000
Exchange: No
Gross Annual Expenses: $14,752
Gross Annual Income: $90,175
Taxes: $9,773
Tax Year: 2015
Net Operating Income: $75,423
Book/Page: 981/39
Lease Price Includes: Not Applicable
Sublet: No
Special Financing: No
Total Assesed Value: $588,000
Zone Description: Other (See Remarks)
Retail Sq. Ft.: 3,755
Retail Units: 3
Residential Sq. Ft.: 1,595
Residential Units: 2
Disclosure Declaration: No
For Lease: No
Space Available: For Sale
The listing office is RE/MAX Renaissance Inc. and the listing agent is John E. Magazzu. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 5/24/2018 2:35:00 PM.
Bill Hoey
Bill Hoey
Broker Associate / REALTOR
RE/MAX Renaissance Inc.