28 SCHOOL STREET North Andover, MA 01845 | Commercial Sale | Office, Other, Retail

$495,500

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0.26 acres
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Description

This 2,592 SF Free Standing Commercial Building is situated directly off of Main Street. Surrounding neighbors include various food establishments, coffee shops, retail shops, financial institutions, etc. This building has been extremely well maintained both inside and out. Building is located in the General Business zone allowing for various future use types including, but not limited to professional services, medical, personal services, automotive repair, warehousing, wholesale and agriculture. The current lease in place extends through June 2024 with a well established personal training business. Cap Rate 5.44% / NOI $29,895.

Property Details

List Price $550,000 Sold Price $495,500 List Date 2022-06-27 Sold Date 2022-12-23 MLS ID 4917745 Status Closed Property Type Commercial Sale Business Type Office, Other, Retail County MA-Essex Days on Market 137

structure

basement No Total Baths 0 building area units Square Feet cooling Other, Wall AC Units heating Forced Air living area units Square Feet year built 1960

characteristics

Acres 0 lot size area 0.26 Lot SqFt 11326.0

tax

tax annual amount 7380.0 tax year 2022 zoning GB

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2.5 Buyer Agency Comp. Type % Non-Rep Comp. 0 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/19/2024 12:54:32 AM (UTC)