MA
Essex
Swampscott
01907
487 Humphrey St
487 Humphrey St, Swampscott, MA 01907
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Listing Type
Commercial/Industrial
Listing Status
Active
41
$1,900,000

Home Details for 487 Humphrey St

Price
$1,900,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
3920
Year built
2001
Lot size acres
0.14
County
Essex
Garage
Days on site
0
MLS Listing#
73409435
Property Description

Investors and business owners take notice with this 4 Unit, Mixed use property that contains 2, 2-bedroom, residential units, and 2 commercial units. close to the ocean and downtown area. Very well-maintained property with existing owners' business on site. Current owners' family run business uses most of the building but can be reduced to allow leases of the residential 2 bedrooms, and the additional commercial unit. Price does include owners' family run business in the sale price. Please refer to floor plans. Plenty of off-street parking. The location is key, with its proximity to the ocean. Condo conversion potential is outstanding and/or buy as is for investment with the business transfer. Owners willing to stay on and train and stay on as employees as well. Due to owner's use of the building current rent roll is not at market. This is a Turnkey building and business. Taxes and balance sheet on business available with signed NDA.

Property Features
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: Barry Realty Group - 781-246-7535
Presented by: Peter Castrichini
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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