Methuen, MA 01844,15 Mcgrath Rd #1-10
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Methuen, MA 01844,15 Mcgrath Rd #1-10
Methuen, MA 01844,15 Mcgrath Rd #1-10
Methuen, MA 01844,15 Mcgrath Rd #1-10
Methuen, MA 01844,15 Mcgrath Rd #1-10

$3,100,000

Est. payment /mo

$3,250,000

4.6%
Est.Price: ?

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15 Mcgrath Rd #1-10 Methuen, MA 01844

18,200 SqFt

SOLD DATE : 02/16/2021

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

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Listed by Keller Williams Realty North Central
Bought with Apple Country Team • Keller Williams Realty North Central
Katie Gellenbeck

Katie Gellenbeck

Advisor | License ID: 9558572

+1(206) 852-2256

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