35 Mitchell RoadIpswich, MA 01938MLS Number 72374865

  • Sale Price: $800,000
  • 20 Days Since Sale
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Federal 30-year interest rate: 4.45% last updated on Jan 17, 2019
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  • 1.3Acreage
  • 1954Year Built
  • 11700Square Feet
  • 28Parking Spaces

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1.3 Ac. improved industrial parcel w/11,700 building currently used for Residential group home. Current lease through May 31, 2019 to Lahey Health Services. Building recently improved w/ Hardie Siding. New roof. Building previously used as construction shop & offices, was modified for residential use in 1995-1996. Three (3) levels in building...lower level: 5,160 sf, main level: 4,924 sf, loft level: 1,616 sf which is not handicap accessed. Lower level and main level accessible at grade. Industrial zoning allows a broad range of uses. Building ideal & easily adaptable for many uses including some office and production space/meeting space/shop space. Served by public sewer, public water, natural gas & municipal power.. Back of lot could provide for vehicle and/or material storage. SELLER FINANCING POSSIBLE FOR QUALIFIED BUYER. Being sold as condo with exclusive use area of 1.3 acres.

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Parking Spaces28
  • Parking Feature21+ Spaces, Improved Driveway, Paved Driveway, On Site

Building

  • Year Built1954
  • ConstructionFrame
  • Total Units2
  • Total Bldg Sf11700
  • No Units1
  • Rsu Units1
  • No Of Driving Doors1
  • No Buildings2
  • No Of Restrooms6
  • No Stories2
  • SprinklersYes
  • Sub DividablePossible
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg562200
  • DividableYes
  • Undrgrnd TankUnknown

Auction

  • Special FinancingYes

Photos

  • Photo Date2018-08-07T11:15:00
  • Number of Photos7

Basic Information

  • StatusSLD
  • MLS Number72374865
  • Prop TypeCI
  • Status Date2019-01-07T10:15:00
  • Date Listed08/06/2018
  • List Price$895,000
  • Sale Price$800,000
  • Price Per Square Foot$68
  • LeaseYes
  • Lease Price IncludesBuilding, Land
  • Lease TypeTriple Net Lease (NNN)
  • DirectionRt 1A to Mitchell Rd.

Exterior

  • Railroad SidingNo
  • Roof MaterialShingle

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas, 220 Volts

Location

  • Building Number35
  • Street No35
  • StreetMitchell Road
  • TownIpswich
  • StateMA
  • Zip01938
  • Zip Code 41218
  • CountyEssex
  • LocationIndustrial Park

Property

  • Acreage1.3
  • Space AvailableFor Sale
  • Site ConditionDry, Open, Improved
  • Square Feet11700
  • SubletNo
  • Lot Size56628
  • Frontage226
  • Gross Annual Income103000
  • Handicap AccessYes
  • Condo AssociationNo
  • Assessed Value Land223800
  • Main SoC95243
  • Main LoC95243

Other

  • Modification Date2019-01-07T10:15:00
  • Property TypeIndustrial
  • Listing AlertNo
  • EasementsYes
  • Year Built SourcePublic Record
  • DisclosureYes
  • DisclosuresLahey Health Services (tenant) has 2, 3 year options to extend. Current lease termination is 5/31/19, However, Lahey confirmed they will terminate anytime if Buyer needs earlier occupancy . Tenant in smaller building (1,872 sf) is buying exclusive use ar
  • Depth350
  • Book6808
  • Listing AgreementExclusive Right to Sell
  • Block18
  • Rsf Bldg Sf11700
  • Plat PlanYes
  • ExchangeNo
  • Page515
  • Sale Date01/02/2019
  • View Count30

Ipswich, MA Demographics

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Ipswich, MA Real Estate Market Data

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Ipswich, MA Schools

School NameDistanceTypeGrades

Listing Sold by J. Barrett & Company

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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