Kim Arestad
139 Central St, Leominster, MA, 01453
1920
20,368 sqft
Opportunity knocks! 1.04 Acre ± commercial parcel featuring 3 buildings. Building 1 is approx 9422 sq ft on main level with an additional 8370 sq ft of lower level (currently used as storage, but potential other uses. Asphalt shingle section of roof on Building 1 was replaced in 2021. Building 2 is an auto mechanic shop w/ 4 garage doors of approx 1400 sq ft. Building 3 has 2 garage bays of approx 588 sq ft w/ an additional 588 sq ft above for storage/office space. The entire property is currently generating approx $65k gross rental income per year from multiple long term tenants w/ annual operating expenses of approx $21k. Part of building 1 level storage space will be vacant that owner currently uses. Many long term tenants, mostly at will. Most of the utilities are split w/ tenants paying their own. Large signage on Central St. This could work great for owner/user or an investment. 200 Amp electric service. 30+ parking spaces.
Status:
Active
Type:
Commercial
Zoning:
BB
Parking:
30-car
Acreage:
1.04
Est. Taxes:
$7,573
Utilities
Public Water, Public Sewer
MLS #:
73202540
Buyer Agent Compensation:
2.5
Facilitator Compensation:
1
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Joseph Abramoff, BA Property & Lifestyle Advisors