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286 Main St 2,275 SF 100% Leased Retail Building West Newbury, MA 01985 For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Lease w/ U.S. Postal Service
- Single-Story, Manageable Commercial Footprint
- Prominent Main Street (Route 113) Location
EXECUTIVE SUMMARY
Nordlund Associates is pleased to present 286 Main Street, West Newbury, MA, a well-located post office building positioned along Main Street (Route 113) within an established North Shore community. Situated on approximately ±0.75 acres, the property comprises ±2,360 SF of single-story space and is currently leased to the U.S. Postal Service. The U.S. Postal Service has occupied the building continuously since its construction in 1962, reflecting the property’s long-standing suitability for service-oriented use. The tenant most recently exercised its final five-year lease extension, with the current term running through November 30, 2030. The combination of long-term tenancy, central Main Street location, and manageable building size positions the asset as an attractive opportunity for investors or users seeking stability within a desirable North Shore market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
2,275 SF
Year Built
1962
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
0.75 AC
Zoning
BUS - Business
Parking
20 Spaces (8.79 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | WNEW-000001U-000000-000023 | Improvements Assessment | $233,104 CAD |
| Land Assessment | $464,279 CAD | Total Assessment | $697,383 CAD |
PROPERTY TAXES
Parcel Number
WNEW-000001U-000000-000023
Land Assessment
$464,279 CAD
Improvements Assessment
$233,104 CAD
Total Assessment
$697,383 CAD
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286 Main St
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