490 N Main St - Office FOR SALE


Randolph, MA 02368- Outer Quincy/Milton/Randolph
$2,700,000 USD
508-826-3155
490 N Main St, Randolph, MA for Sale
$2,700,000 USD
Office - FOR SALE
1/3
null | 7.9% Cap Rate


OVERVIEW

Investment Opportunity! Great Cash Flow! 35 Commercial Offices on busy Randolph route! Close to everything!!!Here is a rare opportunity to own this elegant, field stone and wood frame, High Queen Ann Style Victorian Mansion (The Belcher Mansion) converted to professional office space and attached professional office building. This 23,000 (+/-) sf office complex, known as The Belcher Professional Center, is the ideal South Shore location for businesses and professionals looking to locate on the route 28 corridor between the I-93 / Route 128 split and Randolph Center. The complex offers distinctive quarters for a business that wants to set itself apart from companies located in the typical cookie-cutter office space. Offices in “The Mansion” make an enterprise stand out as focused on quality and class. This is a great investment opportunity for investors or users.See attachments for Expenses and rent roll!! Cap Rate is 7.9%

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

7.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

69

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

BP

APN/PARCEL ID

RAND-000045-A000000-001212

ASK ABOUT THIS PROPERTY

Bernie HassanLa Macchia RealtyMore Info
508-826-3155

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Bernie HassanLa Macchia RealtyMore Info
508-826-3155

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