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147 Merrimac St

Newburyport, MA 01950
  • $290,000
  • STATUS: Active
  • MLS #: 73249411
Price Reduced
UPDATED: 28 min ago
$290,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1850
County:

School Ratings & Info

Listing courtesy of Douglas Danzey of exp Realty.

Description

Investors: This is a great investment with a 10.3 Cap Rate. This 850 square foot commercial space is made up of two combined commercial condos, units 7 & 8. This space can be used for retail or office space.There is a bright and open reception area with work stations, a large conference room with a wall mounted television screen for presentations, a private office with it's own exterior entrance and a storage closet and bathroom. The heat and lighting is all electronically controlled through your smart phone and the space has been updated in the past eighteen months. The heat is natural gas forced hot water and the AC is a wall mounted AC unit that cools the whole space. Low condo fee of $208 a month includes, master insurance, water and sewer, exterior maintenance and snow removal. This is a prime location with maximum visibility and signage. List agent is the owner of the unit.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-12-10T11:04:36.003.
www.welchmanrealestate.com/homes/151474485
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147 Merrimac St Newburyport, MA 01950

  • Price: $290,000
  • Status: Active
  • On Site: Days
  • Updated: 28 min ago
  • MLS #: 73249411
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1850
Built
County:
Essex
Property Description
Investors: This is a great investment with a 10.3 Cap Rate. This 850 square foot commercial space is made up of two combined commercial condos, units 7 & 8. This space can be used for retail or office space.There is a bright and open reception area with work stations, a large conference room with a wall mounted television screen for presentations, a private office with it's own exterior entrance and a storage closet and bathroom. The heat and lighting is all electronically controlled through your smart phone and the space has been updated in the past eighteen months. The heat is natural gas forced hot water and the AC is a wall mounted AC unit that cools the whole space. Low condo fee of $208 a month includes, master insurance, water and sewer, exterior maintenance and snow removal. This is a prime location with maximum visibility and signage. List agent is the owner of the unit.
Exterior Features

Parking Total 0 Waterfront YN No

Property Features

Association Fee 208 Association Fee Includes WaterSewerInsuranceMaintenance StructureSnow Removal Association YN Yes Business Type Commercial Condo Disclosures Commercial Units shall be used for Commercial purposes provided however that no commercial unit shall be used for the sale of food or the conduct of entertainment. Nor shall any commercial unit be used for manufacturing purposes or any other purpose which causes loud noise or obnoxious odors. Existing Lease Type NNN Home Warranty YN No Senior Community YN No Tax Annual Amount 1666 Tax Year 2024 Utilities Public WaterPublic SewerNatural Gas Available Zoning OFF CONDO

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Douglas Danzey of exp Realty: 888-854-7493.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-12-10T11:04:36.003.
 
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Welchman Real Estate Group | Lila Delman Compass
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Listing courtesy of Douglas Danzey of exp Realty.