331 BOSTON RoadBillerica, MA 01821MLS Number 72426051

  • Price: $1,250,000
  • 23 Days on Market
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Federal 30-year interest rate: 4.63% last updated on Dec 13, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.79Acreage
  • 2005Year Built
  • 5000Square Feet

Driving Directions

5,000 Square Foot (100 feet by 50 feet) Masonry Built STRIP MALL in 2005. Set on Busy Rt. #3A, 1 block from Center. Featuring well established businesses: Pizza / Sub Shop, Hair Salon, Nail Salon all on leases & 1 vacancy for retail or office use. Excellent USER or INVESTOR OPPORTUNITY. Each unit features 2 half baths & roof mounted heating & air conditioning,fire sprinklers, separate utilities.& rear entrance. Current Net Annual Income $51,872/yr......Potential Net Annual Income with 4th unit rented @ $1850 + utilities / Month = $73,872.

Listed by John R. Peterson of Arakelian Real Estate, Inc.

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More Info

Parking

  • Parking Spaces40
  • Parking FeatureOpen,21+ Spaces, Paved Driveway, On Site, Shared

Building

  • Year Built2005
  • ConstructionBrick, Mason
  • Total Units4
  • Total Bldg Sf5000
  • No Units4
  • Reu Units4
  • No Buildings1
  • No Of Restrooms8
  • No Stories1
  • SprinklersYes
  • Sub DividableNo
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg338600
  • DividableNo
  • Undrgrnd TankNo

Auction

  • Special FinancingNo

Photos

  • Photo Date2018-11-21T11:20:00
  • Number of Photos5

Basic Information

  • StatusACT
  • MLSPIN72426051
  • Prop TypeCI
  • Status Date2018-11-21T11:20:00
  • Date Listed11/21/2018
  • List Price$1,250,000
  • Price Per Square Foot$250
  • LeaseNo
  • DirectionRT. #3A Boston Rd. north of the Center

Exterior

  • Railroad SidingNo
  • Roof MaterialTar & Gravel

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas

Other

  • Modification Date2018-11-25T03:06:00
  • Property TypeCommercial
  • Listing AlertNo
  • EasementsNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresDeed Price reflects land cost only. Owner purchased land & contracted construction of building. Buyer & Buyers Agent or Facilitator to do their own due diligence. 40 Parking spaces includes tenant parking
  • Depth209
  • Book190
  • Listing AgreementExclusive Right to Sell
  • Block15
  • Ref Bldg Sf5000
  • ExclusionsTenant internal fixtures & appliances.
  • ExchangeNo
  • Firm Rmk1This owner built for his business Strip Mall built in 2005 offers an excellent opportunity for a user's business or investor to own a newer constructed building. One unit available for lease @ $1850/month + utilities. Insurance cost: $4,100/yr included i
  • Mill Rate34
  • Page343

Location

  • Building Number331
  • Street No331
  • StreetBOSTON Road
  • TownBillerica
  • StateMA
  • Zip01821
  • Zip Code 41899
  • CountyMiddlesex
  • LocationSuburban, Strip, Free Standing, Interstate, Highway Access, Public Transportation

Property

  • Acreage0.79
  • Space AvailableFor Sale
  • Site ConditionDry, Level, Open, Improved
  • Square Feet5000
  • SubletNo
  • Lot7
  • Gross Annual Exp31128
  • Lot Size34468
  • Frontage203
  • Traffic Count20000
  • Handicap AccessYes
  • Condo AssociationNo
  • Assessed Value Land449600
  • Main LoD02001
Century 21 Nashoba Associates
Century 21 Nashoba Associates
Office: 978-433-8221
111 Main Street
Pepperell, MA 01463

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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