Brought to you by: Pam Cote & Associates - RE/MAX Advantage
100 Cummings Center
Beverly, MA 01915

Phone: (978) 808-9345 Fax: (978) 882-4491

Gloucester, MA. 01930-1810
MLS # 72352757
Comm./Ind. Office
Status Active
List Price $1,125,000 Zoning GI
List Date   Days on Market  
Sale Price   Est. Street Front 140
Sold Date   Depth 0
Assessed Value $476,100 Waterfront  
Lot Size 23,873SF Parking Spaces 23
Square Footage 4,167 # Units 11
Taxes $6,155.97 Tax Year 2018
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Investors! Entrepreneurs! Inventors! Artists! This mixed use commercial/business property is ideal for creative thinkers in all types of work, wellness practitioners or co work space. Very attractive three bedroom, two bath apartment could be owner occupied or, could be used by an on site manager as living space. Ten separate office rooms supported by storage space and two half baths currently accommodate up to thirty separate practitioners. The property is located within a General Industrial Zoning District and, just to name a few, allows for offices, a day care center, a trade school. Think of the possibilities! Set on over a half acre of land, with Greenbelt owning land to the rear and side, this property has many possibilities. Currently earning $65,000 in rental income and with potential for earning an additional $20,000 from the three bedroom apartment, the property is not only a good investment, it can be home to a creative spirit.

# Restrooms : 4
Construction : Frame
Dividable : No
Driving Doors : 0
Easements : 0
Elevator : No
Expandable : No
Loading Docks : 0
Location : Urban, Highway Access
Parking : Open, 21+ Spaces, Paved Driveway
Plat Plan : Yes
Railroad Siding : No
Roof : Shingle
Sprinklers : No
Subdividable : No
Survey : Yes
Traffic Count : 0
Underground Tank : No
Utilities : Public Water, Private Sewer

Building Assessed Value : $251,900
Gross Annual Exp. : $14,700
Gross Annual Income : $65,888
Land Assessed Value : $224,200
Special Financing : No

Association Info : Association Available?: No
Deed : Book: 28158, Page: 581
Identifier : Map: 264, Lot: 25
Space Available : For Sale

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