284 Main St, West Newbury, MA for Sale
Specialty - FOR SALE
1/5
null | Request Cap Rate

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

Request Info for Price

CAP RATE

Request Cap Rate

% 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

ASK ABOUT THIS PROPERTY

Christopher EverestNordlund Associates, Inc.More Info

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

Christopher EverestNordlund Associates, Inc.More Info

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