222 Main St - Storefront FOR SALE


Townsend, MA 01469
$3,590,000 USD
978-251-1111
222 Main St, Townsend, MA for Sale
$3,590,000 USD
Storefront - FOR SALE
1/22
null | Request Cap Rate

222 Main St
Townsend, MA 01469


HIGHLIGHTS

  • Property consists of two parcels that totals approximately 26,000+/- SF of retail space on 2.86+/- acres.
  • Vacant units allows flexibility for an owner user buyer.
  • Free Standing Building (1,200+/- SF) to operate a quick service restaurant or bank with potential for a drive thru.
  • Anchor Tenant - Family Dollar.
  • Property is located on Main Street/Rte. 119 and behind the property is the bike/walking trail.
  • Behind unit 8 there is currently a 20' x100' foundation that could be used for potential expansion subject to town approvals.

OVERVIEW

Retail Shopping Center Available for Sale at 222 Main Street in Townsend, MA with Family Dollar as the anchor tenant. Property consists of two parcels that totals approximately 26,000+/- SF of retail space on 2.86+/- acres. The main retail shopping center totals approximately 25,000+/- SF with 6 out of the 9 units currently leased. Behind unit 8 there is currently a 20' x100' foundation that could be used for potential expansion subject to town approvals which could be ideal for a developer to maximize the property. Additional Free-Standing Building (1,200+/- SF) that will be delivered vacant could be used to operate a quick service restaurant or bank with potential for a drive thru subject to town approval. Free-Standing Building and other vacancies in the main retail shopping center allows flexibility for a buyer to operate their own business at this location. Property is located on Main Street/Rte. 119 and behind the property is the bike/walking trail. Call now for additional information 978-251-1111.

FOR SALE DETAILS

PRICE

$3,590,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bank, Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

CROSS STREETS

Oak St

LAND ACRES

2.86 AC

LAND SF

124,582 SF

ZONING

DCD

APN/PARCEL ID

TOWN-000051-000071

ASK ABOUT THIS PROPERTY

Derek CotoniMoore Commercial Real EstateMore Info
978-251-1111

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Derek CotoniMoore Commercial Real EstateMore Info
978-251-1111

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