395 Laurel St - Storefront Retail/Residential FOR SALE


Lee, MA 01238
$729,000 USD
413-822-1008
395 Laurel St, Lee, MA for Sale
$729,000 USD
Storefront Retail/Residential - FOR SALE
1/40
null | Request Cap Rate

395 Laurel St
Lee, MA 01238


OVERVIEW

Incredible location, close to everything Berkshires. One of the most iconic properties in South County located just north of the new housing development in downtown Lee. This property has a total of 3 residential units and 2 commercial units. Unit A ($1,600/mo.) is a two bedroom townhouse style apartment. Unit B ($1,300/mo.) is a two bedroom apartment. Unit C ($950/mo) is a one bedroom apartment. All apartments are currently leased. One commercial unit is owned by the seller-RETRO POP SHOP and would like to remain on a lease. The other commercial unit was a very successful ice cream shop. Plenty of private, off street parking for all customers and tenants. All units have separate utilities paid for by tenant. See plot plan in photos.

FOR SALE DETAILS

PRICE

$729,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

3.7 AC

LAND SF

161,172 SF

ZONING

Business/Residential

APN/PARCEL ID

LEEE-000007-000000-000000-000420-000420

ASK ABOUT THIS PROPERTY

Tim GallagherStone House PropertiesMore Info
413-822-1008

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Tim GallagherStone House PropertiesMore Info
413-822-1008

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