$2,050,000

About this home

Prime Mixed-Use Investment Opportunity on Highly Traveled Route 44! 10 Fully rented income-producing units! This exceptional income-producing property offers a rare combination of commercial and residential space in a high-visibility location with excellent frontage and exposure. Situated on approximately 33,377± square feet, the property is improved by two interconnected steel-framed buildings with durable concrete block construction, totaling approximately 13,224± square feet of gross building area. The property features 10 Fully rented income-producing units, including 8 commercial units and 2 residential apartments, providing a diverse tenant mix of retail, industrial, and residential uses. Building 1 offers approximately 4,220± square feet, while Building 2 encompasses approximately 9,004± square feet, allowing flexibility for a wide range of businesses and investment strategies. Extensively maintained and thoughtfully improved, this property has seen numerous capital improvements throughout the years, making it an outstanding opportunity for investors seeking a well-cared-for asset with long-term upside. A NEW septic system will be installed, providing added value and peace of mind for the next owner. The buildings have been well maintained, minimizing future capital expenditures while maximizing investment potential. With its strategic location on busy Route 44, strong visibility, ample on-site parking, this property is ideally positioned for continued occupancy and future growth. Whether you’re looking to expand your investment portfolio, complete a 1031 exchange, or occupy one or more units while generating rental income from the remainder, this versatile mixed-use property presents an exceptional opportunity!

Property details

MLS #

73564307

Property type

Home

Year built

1976

Interior

12,719 ft2

Status

Active

Listed by

Boston Realty

Listed 3 days ago

Facts & features

Location