978-762-0500
284 Main St, West Newbury, MA for Sale
Specialty - FOR SALE
1/5
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284 Main St
West Newbury, MA 01985


HIGHLIGHTS

  • Long-Term Lease w/ U.S. Postal Service
  • Prominent Main Street (Route 113) Location
  • Single-Story, Manageable Commercial Footprint

OVERVIEW

Nordlund Associates is pleased to present 286 Main Street, West Newbury, MA, a well-located post office building positioned along Main Street (Route 113) within an established North Shore community. Situated on approximately ±0.75 acres, the property comprises ±2,360 SF of single-story space and is currently leased to the U.S. Postal Service. The U.S. Postal Service has occupied the building continuously since its construction in 1962, reflecting the property’s long-standing suitability for service-oriented use. The tenant most recently exercised its final five-year lease extension, with the current term running through November 30, 2030. The combination of long-term tenancy, central Main Street location, and manageable building size positions the asset as an attractive opportunity for investors or users seeking stability within a desirable North Shore market.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Newbury Post Office

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

RC

APN/PARCEL ID

WNEW-000001U-000000-000023

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Christopher EverestNordlund Associates, Inc.More Info
978-762-0500

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Christopher EverestNordlund Associates, Inc.More Info
978-762-0500

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