$3,100,000
$3,250,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
15 Mcgrath Rd #1-10 Methuen, MA 01844
18,200 SqFt
Key Details
Sold Price $3,100,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 18,200 sqft
Price per Sqft $170
MLS Listing ID 72710022
Sold Date 02/16/21
Year Built 2020
Annual Tax Amount $19,793
Tax Year 2020
Lot Size 2.930 Acres
Acres 2.93
Property Description
A great investment opportunity to own a turn key ten(10) unit 28'x65' new construction commercial garage located in an industrial park. Each independent unit is 1820 square feet with a 12x12 office, bathroom, interior water spigot and two(2) drive through garage doors, 14'x14' & 12'x14'. LED lightning makes the space very bright at a 1/3 of the cost. Separately metered for water, sewer, electric and natural gas. Radiant heat in the floors that will limit the heat loss when the doors are open. Very versatile space allowing access to the units from either side through the overhead doors. Easy access to Routes 495 and 93. Easy to show. 8% cap rate makes this a wise investment.
Location
State MA
County Essex
Zoning Commercial
Direction Rte 113 to Commercial Dr to McGrath
Exterior
Utilities Available Public Water, Public Sewer
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Apple Country Team • Keller Williams Realty North Central






