112 Main St - Medical FOR SALE


Northborough, MA 01532
$3,650,000 USD
508-641-1971
112 Main St, Northborough, MA for Sale
$3,650,000 USD
Medical - FOR SALE
1/19
null | 7.66% Cap Rate

112 Main St
Northborough, MA 01532


HIGHLIGHTS

  • History of High Occupany and Performance
  • Easy Access and Abundant Parking
  • Tenant Stability

OVERVIEW

An opportunity to purchase a fully occupied medical office building with an excellent mix of primary care, physical therapy and medical spa services. The building offers a varying array of unit sizes limiting risk and improving rates. The property is the only true medical building in town and has traditionally demonstrated high occupancy an performance. Recent renovations have exceeded $160,000 and included upgrades to the HVAC systems, LED lighting, electrical panels and sprinkler heads.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

7.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northborough Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

107

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

BE, Northborough

APN/PARCEL ID

NBOR-000530-000000-000154

ASK ABOUT THIS PROPERTY

Nicholas OrlovThe Orlov Company, Inc.More Info
508-641-1971

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Nicholas OrlovThe Orlov Company, Inc.More Info
508-641-1971

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.