116 Main St - Specialty FOR SALE


Upton, MA 01568
$799,000 USD
617-500-1000
116 Main St, Upton, MA for Sale
$799,000 USD
Specialty - FOR SALE
1/4
null | 6.24% Cap Rate

116 Main St
Upton, MA 01568


HIGHLIGHTS

  • critical multi-town intersection
  • daily traffic volume of 10,000 vehicle
  • lease options extending for the next 15 years
  • 10% rental increases every 5 years

OVERVIEW

Seize a unique commercial investment opportunity in the heart of downtown Upton. Presenting the Upton Post Office—a singular specialty property poised for significant returns. With ironclad long-term lease options extending for the next 15 years, this investment promises security and substantial growth potential. The lease features lucrative 10% rent increases every 5 years, ensuring consistent income escalation. This well-maintained brick veneer building stands as a cornerstone of the community, offering classical charm along with a strategic position along main streets (Route 140) critical multi-town intersection.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

6.24%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

USPS Leased Property

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C & I

APN/PARCEL ID

UPTO-000203-000000-000112

ASK ABOUT THIS PROPERTY

Tariq FayyadFayyad Realty AdvisorsMore Info
617-500-1000

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Tariq FayyadFayyad Realty AdvisorsMore Info
617-500-1000

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