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23 State Street

Newburyport, MA 01950
  • $1,250,000
  • STATUS: Contingent
  • MLS #: 73315749
Under Contract
UPDATED: 16 min ago
$1,250,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,491
    SQFT
  • $502
    $/SQFT
Type:
Commercial
Built:
1800
County:

School Ratings & Info

Listing courtesy of The Bakhtiari Group of Compass.

Description

A rare opportunity to own 5 units, on State Street in downtown Newburyport. 3 office units located on the 2nd level w/ a common waiting room & half bath. The 3rd level is home to 2 newly renovated, soon-to-be-converted, residential lofts w/ exposed brick walls, vaulted beam ceilings, wide-pine hardwood floors & newer windows. Residential Unit #1 has 622sqft inclusive of the living room, kitchen, bathroom, sleeping loft, a stackable washer/dryer, 2 high-efficiency mini splits, & the ability to add a murphy bed in the living room for a 2nd sleeping area. Residential Unit #2 boasts 664sqft incorporating 1 bedroom, 1 sleeping loft, living room, bathroom, laundry area, kitchen (no oven) & 2-high-efficiency mini splits. No deeded parking. Own a part of history, w/ this multi-purpose, circa 1800s loft-living style property, presenting a great opportunity for investors, business owners or owner-occupants! Office #1 has a $740/Mo lease exp 12/31/24. Office #2 has a $845/Mo lease exp 1/31/25.

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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 2024-12-10T15:03:53.627.
www.welchmanrealestate.com/homes/158298335
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23 State Street Newburyport, MA 01950

  • Price: $1,250,000
  • Status: Contingent
  • On Site: Days
  • Updated: 16 min ago
  • MLS #: 73315749
0
Beds
0
Baths
0
½ Baths
0.07
Acres
2,491
SQFT
$502
$/SQFT
1800
Built
County:
Essex
Property Description
A rare opportunity to own 5 units, on State Street in downtown Newburyport. 3 office units located on the 2nd level w/ a common waiting room & half bath. The 3rd level is home to 2 newly renovated, soon-to-be-converted, residential lofts w/ exposed brick walls, vaulted beam ceilings, wide-pine hardwood floors & newer windows. Residential Unit #1 has 622sqft inclusive of the living room, kitchen, bathroom, sleeping loft, a stackable washer/dryer, 2 high-efficiency mini splits, & the ability to add a murphy bed in the living room for a 2nd sleeping area. Residential Unit #2 boasts 664sqft incorporating 1 bedroom, 1 sleeping loft, living room, bathroom, laundry area, kitchen (no oven) & 2-high-efficiency mini splits. No deeded parking. Own a part of history, w/ this multi-purpose, circa 1800s loft-living style property, presenting a great opportunity for investors, business owners or owner-occupants! Office #1 has a $740/Mo lease exp 12/31/24. Office #2 has a $845/Mo lease exp 1/31/25.
Exterior Features

Parking Total 0 Roof Tar/Gravel Waterfront YN No

Interior Features

Building Area Total 2491

Property Features

Association Fee 300 Association Fee Includes InsuranceMaintenance Structure Association YN Yes Contingency Pending P&S Disclosures Seller or seller's agent make no representations or warranties. Buyer to do own due diligence. Both residential units on 3rd floor are in the process of being converted into residential units. SQFT and bedroom count includes both lofts. This is 1 of 3 units in an HOAwith a $300/month HOA fee. Existing Lease Type Other (See Remarks) Home Warranty YN No Senior Community YN No Tax Annual Amount 6245 Tax Year 2024 Utilities Public WaterPublic SewerNatural Gas Available220 Volts Zoning B2 DOD

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of The Bakhtiari Group of Compass: 978-248-8081.


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 2024-12-10T15:03:53.627.
 
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Listing courtesy of The Bakhtiari Group of Compass.