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.