275 W Main St - Office/Residential FOR SALE


Norton, MA 02766
$1,200,000 USD
781-603-7862
275 W Main St, Norton, MA for Sale
$1,200,000 USD
Office/Residential - FOR SALE
1/59
null | Request Cap Rate

275 W Main St
Norton, MA 02766


OVERVIEW

Mixed use residential /commercial property. First floor commercial space is 11 rooms and 2 baths plus a 1 car garage and full basement. Second floor apartment is 2 bedroom ,kitchen ,full bath, screened porch, deck and 2 large 21x 26 rooms. Basement apartment which is occupied and tenant wishes to stay is 3 rooms, 1BR,Kitchen and full bath. First floor commercial space can easily be divided into another residential apartment. There are currently 4 bathrooms. Septic is designed for 5. Commercial space was most recently used by a general dental practice (see firm marks below) , space would lend itself well to specialty dental practice, medical ,professional or office space. First floor is "medical ready" several of the rooms(exam rooms see floor plans ) already have plumbing, electrical and internet network wiring needed for medical or specialty dental equipment. Firm Remarks Property Use Restriction. Buyer agrees, for itself and its successors and assigns, that for a period of [Number, e.g., 5 or 10] years following the Closing Date, the Property shall not be used, operated, leased, or occupied as a general dental practice, or for the provision of general dentistry services, due to direct competition with Seller’s existing business. This restriction shall run with the land and be recorded with the deed. Exclusions: Generac power generator is excluded from the sale

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,496 SF

ZONING

RES

APN/PARCEL ID

NORT-000026-000000-000091

ASK ABOUT THIS PROPERTY

Stanley BlackmurJack ConwayMore Info
781-603-7862

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Stanley BlackmurJack ConwayMore Info
781-603-7862

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