Patricia McCorry | Bourne Real Estate, Carver Real Estate, Kingston Real Estate

321 W Grove St, Middleboro, MA 02346  

Type of Comm.
Lot Size
Location! Location! Location!... See This 6,000+ Square feet, 2 stories building on high traffic Route 28 in Middleboro. On the first floor a fully equipped Restaurant leased to Bangkok Thi Kitchen for 5 years Lease contract, and a 1,000 Square feet retail space is leased to Lifestyle Vape (renewed for 3 years). On the second floor 8 offices with common reception and conference room, and a newly renovated kitchen with lunch/break area, are fully leased to multiple companies for at least 1 year. Huge improvements and renovations between 2016 and 17, include new windows, new roof, new septic system servicing 50 seats restaurants newer HVAC and air-conditioning systems, and upgraded siding. Buyers to do their own due diligence. Check out the net income on this property.
Open House
No scheduled Open Houses
Lot Size: 27,700.00
Acres: 0.64
List Price: $895,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Restrooms: 7
Stories: 2
Buildings: 1
Total Units: 9
Total Sq. Ft.: 6,070
Year Built: 1950
Approx. GLA: 6,070
MLS#: 72366134
Acres: 0.64
Lot Size: 27,700.00
Parking Spaces: 20
Parking Features: Open, 21+ Spaces, Paved Driveway, On Site
Construction: Frame
Roof Material: Shingle, Asphalt/Composition Shingles
Site Condition: Dry, Level, Open, Improved
Location: Free Standing, Highway Access
Utilities: Public Water, Private Sewer, Natural Gas
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $176,600
Condo Assoc.: No
Assessed Land Value: $105,900
Exchange: No
Gross Annual Expenses: $18,850
Gross Annual Income: $96,900
Taxes: $4,681
Tax Year: 2018
Net Operating Income: $78,050
Book/Page: 46318/24
Sublet: No
Total Assesed Value: $282,500
Zone Description: Legal Conforming
Office Sq. Ft.: 3,035
Office Units: 7
Retail Sq. Ft.: 3,035
Retail Units: 2
Disclosure Declaration: No
For Lease: Yes
Space Available: For Sale
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The listing office is McCorry Real Estate, LLC and the listing agent is M Machhour Moukaddem. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/17/2018 3:35:00 PM.