MA
Essex
Gloucester
01930
0000 Confidential Ave
0000 Confidential Ave, Gloucester, MA 01930
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
1
$2,900,000

Home Details for 0000 Confidential Ave

Price
$2,900,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
7.0
Square feet
6600
Year built
1980
Lot size acres
0.93
County
Essex
Garage
Days on site
69
MLS Listing#
73436821
Property Description

Investment and/or development opportunity in NB Zone! Highly-desirable location with LOTS of parking. Address and Prospectus shared upon signing NDA. Established & recognizable retail tenants in place with triple net leases. One commercial unit is unoccupied/unfinished space, ready for your vision and completion as 3BR/1.5 BA (1200 s/f) with special permit. Significant recent investment in property infrastructure. Buyer responsible for all property verification and due diligence with facilitation by Seller Broker. Not in flood zone. Current Owner share annual expenses $4,116 factored for NOI $87,684. Potential to vision and explore development of 10-12 Luxury Condominiums. Preliminary architectural plans to develop existing footprint and expand with (2) two additional footprints. See MLS #73418193 for optional offering of (3) units, priced $1,250,000. Motivated Seller!

Property Features
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: Keller Williams Realty Evolution - 978-927-8700
Presented by: Janet Breiter
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Median Listing Price
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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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