29 Linden St - Flex FOR SALE


Medford, MA 02155- Wellington Medford
$1,495,000 USD
617-290-7428
29 Linden St, Medford, MA for Sale
$1,495,000 USD
Flex - FOR SALE
1/17
null | Request Cap Rate

29 Linden St
Medford, MA 02155
Wellington Medford


HIGHLIGHTS

  • Incredible location and access to Downtown Boston, I-93, and the 128 Belt
  • Parking and easy to show
  • Seller offers leaseback for 6-24 months if buyer interested.

OVERVIEW

Excellent opportunity to purchase an industrial warehouse, converted into a social club bar/restaurant 7 years ago. The property is located in a convenient section of Medford close to other businesses and I-93 as well as shopping, residential developments, the Mystic River and the Wellington T Station. Currently built out with a full kitchen and dining room with liquor license, the properties was previously used by a construction company and the parcels industrial zoning allows for broad commercial uses. Renovations in the past 7 years exceed $500K and include ADA-compliant bathrooms, a full commercial kitchen w/deep freezer, new heating system and more. The flat rectangular parcel allows for multiple vehicle parking. Great place to relocate your business. Industrial neighbors to the left and right, 4-story apt building behind. Dead end street abuts Wellington Plaza. Nonprofit seller motivated to both sell and lease back if possible (for 6 - 24 months).

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,224

ZONING

I

APN/PARCEL ID

MEDF-000014-000000-Q000062

ASK ABOUT THIS PROPERTY

Scott JohnsonWilliam Raveis Real Estate, The Residential GroupMore Info
617-290-7428

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Scott JohnsonWilliam Raveis Real Estate, The Residential GroupMore Info
617-290-7428

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