453 Columbia Rd - Storefront Retail/Office FOR SALE


Hanover, MA 02339
$995,000 USD
508-591-7354
453 Columbia Rd, Hanover, MA for Sale
$995,000 USD
Storefront Retail/Office - FOR SALE
1/51
null | Request Cap Rate

NEW


453 Columbia Rd
Hanover, MA 02339


HIGHLIGHTS

  • Highly Trafficked Road
  • Mixed Use Offering a LOT of Flexibility and Income Potential
  • Modern Appearance and Charm with Heat and AC

OVERVIEW

Fabulous opportunity on highly traveled Route 53 in Hanover! Zoned for both retail/office and residential use this property offers a business owner or investor the opportunity to live on site or utilize the residential unit for rental income. The main floor offers a trendy retail space with high ceilings - ideal for merchandising and presentation- it was formerly used as a high-end consignment shop and a retail lighting store prior to that. Within the retail/office space there are two spacious offices offering the business owner or operator versatility for operations and offers a bathroom that customers and/or staff can use the second floor, zoned for residential, also offers the next owner/operator a lot of options. Currently, it is being used as additional inventory storage and a conference room for business operations, however, with a full bath, kitchen, living area, loft, and several rooms (current owner installed a way to separate into two rooms but could be removed and made back into one larger room) the opportunities are endless. The third unit, separately accessed from the exterior and has its own parking area, currently has a tenant at will operating a law practice. Ample parking, modern features and appearance, so much flexibility as far as rental income or business operation THIS is one not to be overlooked. If you want your clients or customers to easily find your location you are in the right place. Less than 2/10 of a mile from Tractor Supply, Pickles, Planet Fitness, Sugar Hill Bakery, Machim Thai Restaurant, Dunkin Donuts (and so much more!) this highly trafficked area (with off-street parking lot!) has high potential for business revenue.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Red Barn on 53

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

B, Hanover

APN/PARCEL ID

HANO-000066-000000-000072

ASK ABOUT THIS PROPERTY

Emmie FlahertyKeller Williams Colonial PartnersMore Info
508-591-7354

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Emmie FlahertyKeller Williams Colonial PartnersMore Info
508-591-7354

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