325 Main StreetNorth Reading, MA 01864MLS Number 72819909

  • Price: $1,299,990
  • 20 Days on Market
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Federal 30-year interest rate: 2.96% last updated on May 6, 2021
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Contingent
325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864325 Main Street North Reading MA 01864
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  • 0.79Acreage
  • 1988Year Built
  • 7,773Square Feet
Rare Mixed use Commercial Plaza on busy Main Street(Route 28) North Reading. Highway Business Zoning. Currently has one Retail unit ,7 Office units and 9 Rentable truck parking spots. This property has the possibility for 17 separate rents when fully rented. Rent roll available upon request. Two office units open currently for new owner to move right in if desired. Perfect for a growing company that needs truck parking and office and or retail space. Very close to I-93, Rt 125 and down town Andover. High visibility location with great roadside pylon sign. Detail interior floor plans attached. Building has ground floor access on two different levels. Title 5 Passed. Buyer and buyer's agent must verify all information including legal use of property and perform their own due diligence.
Listed by Eric Cudmore, Gregg Quimby and Cudmore and Associates of RE/MAX On the River, Inc.

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-844-9371
127 Franklin St
Reading, MA 01867

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More Info

Parking

  • Parking Spaces40
  • Parking FeatureOpen, Paved Driveway
  • Total Parking Spaces40

Building

  • Year Built1988
  • ConstructionFrame
  • Total Units8
  • Total Bldg Sf7773
  • Reu Units1
  • No Buildings1
  • No Stories3
  • SprinklersNo
  • Sub DividableUnknown
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg626700
  • Undrgrnd TankUnknown

Photos

  • Photo Date2021-04-23T18:48:00
  • Number of Photos23

Basic Information

  • MLS Number72819909
  • Prop TypeCI
  • Status Date2021-05-03T11:05:00
  • Date Listed04/23/2021
  • List Price$1,299,990
  • Price Per Square Foot$167
  • LeaseNo
  • DirectionRoute 28 Near Andover line.
  • MLS StatusContingent

Exterior

  • Roof MaterialShingle, Rubber

Utilities

  • UtilitiesPublic Water, Private Sewer, Natural Gas

Location

  • StreetMain Street
  • TownNorth Reading
  • StateMA
  • Zip01864
  • CountyMiddlesex
  • LocationFree Standing

Property

  • Acreage0.79
  • Net Operating Inc106380
  • Space AvailableFor Sale
  • Square Feet7,773
  • SubletNo
  • Gross Annual Exp30000
  • Lot Size34237
  • Frontage90
  • Gross Annual Income136380
  • Handicap AccessYes
  • Condo AssociationNo
  • Assessed Value Land303800
  • Main LoC95039

Other

  • Modification Date2021-05-03T11:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • EasementsUnknown
  • Year Built SourceOwner
  • DisclosureNo
  • DisclosuresGross Annual Income includes rent from 1 currently vacant unit. Not a conforming HB lot. Building was rebuilt from the footprint- completed in 1988 totaling 7,773 sf per owner. Buyer and buyer's agent to do own due diligence.
  • Depth354
  • Book18963
  • Listing AgreementER w/ Named Exclusion
  • Off Bldg Sf5201
  • Ref Bldg Sf805
  • ExclusionsGrandfather clock and model ship.
  • ExchangeNo
  • Firm Rmk1Accompanied, single showings for pre-approved buyers only. Covid-19 Waiver of Claims must be signed before scheduling. Social distancing guidelines will be enforced. Masks and sanitizing required. Contract to Purchase addendum should be submitted with all
  • Mill Rate16
  • Page37
  • View Count1
Listed by Eric Cudmore, Gregg Quimby and Cudmore and Associates of RE/MAX On the River, Inc.

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 its 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.

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