17 New Salem St - Manufacturing FOR SALE


Wakefield, MA 01880
$3,995,000 USD
781-944-7820
17 New Salem St, Wakefield, MA for Sale
$3,995,000 USD
Manufacturing - FOR SALE
1/10
null | 4.3% Cap Rate

17 New Salem St
Wakefield, MA 01880


HIGHLIGHTS

  • Many possible Industrial , has always been a concrete pump yard. Ideal for Construction or $5 to $10,000,000 per year multi vehicle service business
  • Convenient to Rt. 128, Rt. 95 and Rt. 1
  • Has 2 building total with 4 bays

OVERVIEW

Industrial Zoned Parcel with 2 buildings on the 28,349+- square foot lot. The metal 3 bay building in back is 55' x 98' 5" exterior dimension with 12' x 25' office attached for a total of around 5700 sq. ft. . I n addition the owner runs his office out of a 2nd floor mezzanine area which is 400 sq. ft. +-. the larger unit is aprox. 73' x 55' and has 2 bays. the bay on the far right is aprox. 25' x 55' and is walled off. Currently it is rented TAW at $4000 per month with aprox. 6 spaces parking along concrete block wall. The wood frame building out front is 24'4" x 66'3"for a total of around 1584 and has one bay and some office area. It is rented TAW for $3500 per month with 9 car parking out front and 9 car parking tandem to the right.(The rest of the lot is supposed to be open at all times and the auto place sometimes has a lot of it blocked.) TO BE DELIVERED VACANT

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$548 USD /SF

CAP RATE

4.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65

LAND SF

28,314

ZONING

Industrial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

James JolyBoardwalk Real EstateMore Info
781-944-7820

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James JolyBoardwalk Real EstateMore Info
781-944-7820

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