35 Mitchell RoadIpswich, MA 01938MLS Number 72374865

  • Price: $1,395,000
  • 75 Days on Market
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Federal 30-year interest rate: 4.85% last updated on Oct 18, 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.
  • 1.7Acreage
  • 1954Year Built
  • 13572Square Feet
  • 28Parking Spaces

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1.7 Ac. improved industrial parcel w/11,700 Main building currently used for Residential group home, lease through May 31, 2019 to Lahey Health Services. Additional 1,872 sf building leased for boat building/repair. Both buildings recently improved w/ Hardie Siding. New roof on main building. Larger main building previously used as construction shop & offices, was modified for residential use in 1995-1996. Three (3) levels in main 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(s) ideal & easily adaptable for many uses including some office and production space/meeting space/shop space. Main building 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.

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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 Sf13572
  • Wau Units1
  • No Units1
  • Rsu Units1
  • No Of Driving Doors1
  • No Buildings2
  • No Of Loading Docks1
  • No Of Restrooms6
  • No Stories2
  • SprinklersYes
  • Sub DividablePossible
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg562200
  • DividableYes
  • Undrgrnd TankUnknown

Photos

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

Basic Information

  • StatusACT
  • MLS Number72374865
  • Prop TypeCI
  • Status Date2018-08-07T11:15:00
  • Date Listed08/06/2018
  • List Price$1,395,000
  • Price Per Square Foot$103
  • 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

  • Acreage1.7
  • Space AvailableFor Sale
  • Site ConditionDry, Open, Improved
  • Square Feet13572
  • SubletNo
  • Lot Size74052
  • Frontage226
  • Gross Annual Income103000
  • Handicap AccessYes
  • Condo AssociationNo
  • Assessed Value Land223800
  • Main LoC95243

Auction

  • Special FinancingYes

Other

  • Modification Date2018-09-11T16:34:00
  • Property TypeIndustrial
  • Listing AlertNo
  • EasementsYes
  • Year Built SourcePublic Record
  • DisclosureYes
  • DisclosuresLahey Health Services (tenant in main building) has 2, 3 year options to extend. However, Lahey confirmed they will terminate anytime. Tenant in smaller building (1,872 sf) would like to buy exclusive use area & building for $250,000. Current small build
  • Depth350
  • Book6808
  • Listing AgreementExclusive Right to Sell
  • Block18
  • Waf Bldg Sf1872
  • Rsf Bldg Sf11700
  • Plat PlanYes
  • ExchangeNo
  • Page515
  • View Count16

Ipswich, MA Demographics

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Ipswich, MA Real Estate Market Data

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Ipswich, MA Schools

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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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