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$1,250,000
Est. payment /mo
2,491 SqFt
UPDATED:
12/20/2024 08:05 AM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 2,491 sqft
Price per Sqft $501
MLS Listing ID 73315749
HOA Fees $300
HOA Y/N true
Year Built 1800
Annual Tax Amount $6,245
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Description
A rare opportunity to own 5 units, on State Street in downtown Newburyport. 3 office units located on the 2nd level w/ a common waiting room & half bath. The 3rd level is home to 2 newly renovated, soon-to-be-converted, residential lofts w/ exposed brick walls, vaulted beam ceilings, wide-pine hardwood floors & newer windows. Residential Unit #1 has 622sqft inclusive of the living room, kitchen, bathroom, sleeping loft, a stackable washer/dryer, 2 high-efficiency mini splits, & the ability to add a murphy bed in the living room for a 2nd sleeping area. Residential Unit #2 boasts 664sqft incorporating 1 bedroom, 1 sleeping loft, living room, bathroom, laundry area, kitchen (no oven) & 2-high-efficiency mini splits. No deeded parking. Own a part of history, w/ this multi-purpose, circa 1800s loft-living style property, presenting a great opportunity for investors, business owners or owner-occupants! Office #1 has a $740/Mo lease exp 12/31/24. Office #2 has a $845/Mo lease exp 1/31/25.
Location
State MA
County Essex
Zoning B2 DOD
Direction Water Street to State Street. Property is on the 2nd and 3rd floors, above Paddle Inn and Carmines.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts
Roof Type Tar/Gravel
Others
Senior Community false
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Listed by Compass
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