26-28 Norwood Street - Retail FOR SALE


Everett, MA 02149- Downtown Everett
$865,000 USD
772-828-0474
26-28 Norwood Street, Everett, MA for Sale
$865,000 USD
Retail - FOR SALE
1/25
null | Request Cap Rate

26-28 Norwood Street
Everett, MA 02149
Downtown Everett


HIGHLIGHTS

  • Mixed-Use Opportunity for Owner occupants and investors
  • 4 Off- Street Parking Spaces
  • Fully Renovated
  • Great Foot Traffic
  • Potential for vertical expansion

OVERVIEW

Rare Mixed-Use Investment & Owner-User Opportunity in the Heart of Everett! 26-28 Norwood Street presents a rare opportunity to acquire a fully renovated mixed-use commercial property with exceptional flexibility, strong income potential, and future development upside. Ideally situated on a high-visibility, high-traffic corridor in Everett, this well-maintained property features two street-level commercial storefronts totaling approximately 2,448 square feet, each with finished basement space, along with four off-street parking spaces located behind the building. Completely renovated in 2022, the property has undergone extensive upgrades, including new HVAC, plumbing, electrical systems, flooring, windows, paint, and modern storefront improvements. The building is fully electric, offering low-maintenance ownership and updated infrastructure. The property is currently occupied by two established businesses, providing immediate rental income. Buyers have the flexibility to acquire the property with one unit delivered vacant for an owner-user or continue with a long-term tenancy, making it an ideal opportunity for investors, business owners, medical or professional offices, retail users, salons, architects, accountants, or other service-based businesses seeking to own rather than lease. Current rents provide a significant value-add potential through future lease adjustments and increased cash flow. The property offers exciting redevelopment possibilities, including potential vertical expansion or the opportunity to expand the building footprint into the rear parking area, subject to zoning and municipal approvals. Located just minutes from Boston with convenient access to Route 16, Route 99, Route 1, public transportation, Encore Boston Harbor, Assembly Row, this property offers outstanding visibility, accessibility, and long-term appreciation potential. Whether you're seeking a stabilized investment, an owner-occupied commercial property, or a redevelopment opportunity with upside, 26-28 Norwood Street delivers exceptional flexibility and future potential in one of Greater Boston's fastest-growing commercial markets. Great for owner-users and investors.

FOR SALE DETAILS

PRICE

$865,000 USD

PRICE/SF

$353 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Business District

APN/PARCEL ID

EVER-000000-C000004-000060

ASK ABOUT THIS PROPERTY

Stephanie MartinsBe Live in RealtyMore Info
772-828-0474

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Stephanie MartinsBe Live in RealtyMore Info
772-828-0474

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