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$1,500,000
Est. payment /mo
1,792 SqFt
UPDATED:
10/21/2024 07:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,792 sqft
Price per Sqft $837
MLS Listing ID 73261356
HOA Y/N false
Year Built 1908
Annual Tax Amount $3,687
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Description
DEVELOPERS TAKE NOTE! - A great housing development opportunity not to be missed, situated in Medford and close to Rte. 93. Property consists of 8,267 SF of a commercially zoned parcel located on Salem St. along major bus routes. This ideal location has the potential for 16+ units of housing once approvals have been secured through the City of Medford. Currently the property consists of a one story masonry 1,792 SF building with 2 commercially active TAW leases having a combined monthly income over $4,400.00. It is important to note that the Seller will work with developer(s) to allow for necessary permitting time-lines to be secured.
Location
State MA
County Middlesex
Direction Google maps
Exterior
Total Parking Spaces 11
Others
Senior Community false
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Listed by Stephen Cefalo Real Estate
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Ryan Askew
Sales Associate | License ID: 9578345
Sales Associate License ID: 9578345