58 Main St - Office FOR SALE


Topsfield, MA 01983 | 
$1,095,000 USD
978-575-8412
58 Main St, Topsfield, MA for Sale
$1,095,000 USD
Office - FOR SALE
1/49
null | 8% Cap Rate

58 Main St
Topsfield, MA 01983


HIGHLIGHTS

  • In the heart of the business village in downtown Topsfield
  • Attractive colonial-style design with multiple gables and dormers, classic detailing, and well-maintained landscaping
  • Flexible multi-tenant configuration suited for a diverse range of professional businesses, complemented by on-site parking and individual office entra

OVERVIEW

Exceptional opportunity to own two attached condominiums comprised of 17 total office spaces. This commercial investment is located in the heart of downtown Topsfield, set along high-visibility Main Street in one of the North Shore’s most affluent, low-vacancy communities. The approximately 5,419-square-foot office property offers stable in-place income with meaningful upside potential. The property is approximately 85% occupied by a diversified professional tenant base, including psychology, legal, technology, wellness, and personal-service businesses, many of which have been long-term occupants. Currently, three units are available, including one space that offers the potential to be reconfigured into three separate offices, creating an opportunity to maximize the property's income-producing capacity. A detailed rent roll and stabilized pro forma are available upon request. The property is ideally suited for a value-add investor, an owner-user seeking to occupy space while generating rental income, or a 1031 exchange buyer seeking a well-located North Shore asset with a clear path to long-term appreciation. Strong pedestrian access, established foot traffic, and durable demand for small professional office suites further support the property's investment appeal. Don’t miss the opportunity to acquire a landmark Main Street property offering immediate income, flexible leasing opportunities, and significant long-term growth potential.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

BUS-VIL, Topsfield

APN/PARCEL ID

TOPS-000041-000024-000002

ASK ABOUT THIS PROPERTY

Tristan HoranRE/MAX Bentley'sMore Info
978-575-8412

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Tristan HoranRE/MAX Bentley'sMore Info
978-575-8412

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