North Andover, MA 01845,48-50 Water St
North Andover, MA 01845,48-50 Water St
North Andover, MA 01845,48-50 Water St
$762,500
Est. payment /mo
$749,000
1.8%
Est.Price: ?

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3,988 SqFt
SOLD DATE : 06/02/2022

Key Details

Sold Price $762,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,988 sqft

Price per Sqft $191

MLS Listing ID 72966480

Sold Date 06/02/22

Year Built 1900

Annual Tax Amount $6,877

Tax Year 2022

Lot Size 5,662 Sqft

Acres 0.13

Property Description

Attention contractors and investors -- BIG reduction! Extraordinarily rare offering of a commercial/multi-family building in the heart of historic Machine Shop Village in downtown North Andover. Anchored for nearly 50 years by Richard's TV, this property now awaits your vision for the next half century. The large street-level space includes a retail storefront, office, restroom, and rear workroom. Build it out to fit your needs, or possibly convert to another residential unit with town approval. Upstairs are three one bedroom apartments with mostly separate utilities. Additional storage area in attic and basement. Ample on and off-street parking. Do not miss this opportunity to generate rental and business income while putting your stamp on North Andover history.

Location

State MA

County Essex

Area Downtown

Zoning GB

Direction Main, High, or Elm to Water.

Exterior

Roof Type Asphalt/Composition Shingles

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Listed by Stuart St James, Inc.
Bought with Susan Camozzi • Bentley's

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agent

Ryan Askew

+1(508) 440-6100

Sales Associate | License ID: 9578345

Sales Associate License ID: 9578345

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