54 Main St - Office CONDO FOR SALE


Leominster, MA 01453- Outer Fitchburg/Leominster
$1,500,000 USD
978-490-4510
54 Main St, Leominster, MA for Sale
$1,500,000 USD
Office CONDO - FOR SALE
1/27
null | 8.67% Cap Rate


HIGHLIGHTS

  • Cap Rate: ~8.5% strong return
  • Size: ~5,000 square feet total
  • Layout: 4 commercial condos configured as 19 individual salon suites
  • Location: Prime Main Street frontage in Leominster, MA
  • Occupancy & History: Proven rental history with high market demand
  • Turnkey Income: Fully built-out salon suite model generates diversified income streams from multiple beauty professionals.

OVERVIEW

Property Highlights Cap Rate: ~8.5% strong return Size: ~5,000 square feet total Layout: 4 commercial condos configured as 19 individual salon suites Location: Prime Main Street frontage in Leominster, MA Occupancy & History: Proven rental history with high market demand Turnkey Income: Fully built-out salon suite model generates diversified income streams from multiple beauty professionals. Desirable Layout: Features three large waiting areas that set this property apart from local competitors. Flexible Infrastructure: Individual or common-area plumbing supports a wide variety of salon and wellness uses. Business-Friendly Area: Located in a strong retail corridor with high daily traffic visibility. Broker and agent have ownership interest. Please do not disturb tenants - Appointment required for viewing.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$299 USD /SF

CAP RATE

8.67%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

#B1,#B3,#B4,#A5A

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, undefined

TOTAL BUILDING SIZE

5,011 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

BB, Leominster

APN/PARCEL ID

LEOM-000028-000008-D000000

ASK ABOUT THIS PROPERTY

Jonathan DonderoJ. D. Property ConsultingMore Info
978-490-4510

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Jonathan DonderoJ. D. Property ConsultingMore Info
978-490-4510

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