$1,300,000
$1,600,000
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7,866 SqFt
SOLD DATE : 07/27/2018
Key Details
Sold Price $1,300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,866 sqft
Price per Sqft $165
MLS Listing ID 72274873
Sold Date 07/27/18
Year Built 1975
Annual Tax Amount $12,259
Tax Year 2017
Lot Size 2.580 Acres
Acres 2.58
Property Description
Developers take note. This offering is an assemblage of two parcels- one a 2+ acre commercially zoned parcel with a 6450sf structure, and the other parcel a .45 acre parcel with a 1416sf home with two bedrooms. The commercial property currently houses Mill 77, a home goods and antiques consignment shop, but people from the area remember it as the site of Tiki Lau or Wey Loon restaurants. Highest and best use for the assemblage would be retail or commercial multi-family development, but with the right business this could be used as is. Preliminary plans exist for a small retail strip at the front of the property, leaving the large building to the back of the property. Bring your plans and ideas. The property is situated on Route 110, aka Macy Street, with easy access to I-95 and I-495, NH and the beaches.
Location
State MA
County Essex
Zoning C
Direction Macy St. is Route 110
Exterior
Utilities Available Public Water, Natural Gas Available, 110 Volts
Roof Type Asphalt/Composition Shingles
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Bought with Faulkner Commercial Group • Keller Williams Realty
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