57 Elm St - Industrial FOR SALE


Salisbury, MA 01952
$849,900 USD
57 Elm St, Salisbury, MA for Sale
$849,900 USD
Industrial - FOR SALE
1/39
null | Request Cap Rate

NEW


57 Elm St
Salisbury, MA 01952


HIGHLIGHTS

  • Excellent Roadway Visibility
  • FHA Installed in 2021
  • Central Air Conditioning
  • 2 Morton-style Garages

OVERVIEW

Rare opportunity to purchase existing residential and commercial property located in the Commercial District.? On approximately 0.81 acre along heavily traveled Route 110 in Salisbury.? The property combines a two-bedroom ranch with two freestanding Morton-style commercial garage buildings, offering a versatile setting for an owner-occupant, small-business operator, investor, or buyer exploring future use.? The ranch includes a kitchen, dining room, living room, office, two bedrooms, a full bathroom, and three-quarter bathroom in the primary bedroom.? Two additional finished rooms are located on the lower level.? Additional features include gas- FHA installed in 2021, central air conditioning, an attached one-car garage, a walkout basement, a deck, fenced backyard, and above-ground pool.? The larger Morton commercial building is approximately 1,140 square feet and includes an overhead garage door, half bathroom, insulated interior, concrete floor, and propane-fired radiant heat.? It is currently used for an automotive electronics business.? The second building contains approximately 720 square feet with an overhead garage door, concrete floor, and propane heat.? The level property is served by private well water and municipal sewer and includes a retention pond with drainage plans available.? A Conex-style storage container is also to remain with the property.? Located in Salisbury's Commercial District with excellent roadway visibility and an established residential and commercial configuration.? The property needs some updating but presents a distinctive opportunity for a buyer seeking a residence, business location, rental income, or possible future redevelopment.? Buyer to perform own due diligence regarding proposed uses, alterations, permitting, utilities, and development potential and applicable town approvals.?

FOR SALE DETAILS

PRICE

$849,900 USD

PRICE/SF

$274 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

57 Elm St, Salisbury, MA 01952

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Auto Repair, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Gas - Natural, Water - Well, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.81

LAND SF

35,284

ZONING

C

APN/PARCEL ID

SALI M: 1 P: 13

ASK ABOUT THIS PROPERTY

Adeline MattonAluxetyMore Info

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