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86 Newburyport Tpke 22,357 SF 100% Leased Retail Building Newbury, MA 01951 $6,831,661 CAD ($305.57 CAD/SF)
Investment Highlights
- 4 acre parcel with Business Light Industry Zoning
- Possible Redevelopment Opportunity with Income
- Subdivision is possible
- 487' Frontage on Busy State Route 1
- Minutes to Rail Station and Vibrant Downtown Newburyport
Executive Summary
Commercial Complex consisting of 3 buildings on 4 acres with 487' of frontage on busy state Rt. 1. 100 % Occupancy. Building 1: 11,392 SF- 3 tenants-auto sales in front and rear units and a cabinet maker in the middle unit. Building 2: 5,925 SF with 2 tenants auto sales and towing business with fenced in yard. Building 3:5,040 SF- 2 tenants: landscaper and dog daycare. Income and expense information available upon receipt of signed NDA.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
22,357 SF
Building Class
C
Year Built
1950
Price
$6,831,661 CAD
Price Per SF
$305.57 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
4.00 AC
Zoning
BLI Business Lt. Industry
Parking
40 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
128’ on Newburyport Tpke
Amenities
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | NEWB-000036R-000000-000019 | Improvements Assessment | $903,365 CAD |
| Land Assessment | $707,071 CAD | Total Assessment | $1,610,435 CAD |
Property Taxes
Parcel Number
NEWB-000036R-000000-000019
Land Assessment
$707,071 CAD
Improvements Assessment
$903,365 CAD
Total Assessment
$1,610,435 CAD
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86 Newburyport Tpke
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