20 Essex StreetMelrose, MA 02176MLS Number 72919905

  • Price: $1,995,000
  • 16 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
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  • 0.11Acreage
  • 1946Year Built
  • 4,148Square Feet
  • CIProp Type

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FOR SALE: Rarely available 4 Unit retail strip for sale in Melrose Center. Property consists of 4148+/- Sq ft on Essex Street in Melrose Center. A strong mature tenant base with term on their current leases. The seller is owner of the Dry cleaner, which is very profitable due to the excellent location. The dry cleaner has 1450 sq ft of operational space. This store has a great reputation and has many regulars and is an immediate income generator. Great chance to invest and run your own business that has a solid and well-known history and even more potential for added income. Business and assets are included in the sale price. Property is a fantastic location with access to Post office, Shaw's City Hall, CVS and Café 'Nero to name a few. Location is close to many residential units and plenty of parking spaces for customers Located in a BA-1 zone. Please call for additional details.

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

More Info

Parking

  • Parking Spaces
  • Total Parking Spaces

Building

  • Year Built1946
  • ConstructionBrick, Stone/Concrete, Steel
  • Total Units4
  • Total Bldg Sf4148
  • No Units4
  • Reu Units4
  • No Buildings2
  • No Of Restrooms7
  • No Stories1
  • Sub DividablePossible
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg257500
  • Undrgrnd TankUnknown

Photos

  • Photo Date2021-11-14T12:58:00
  • Number of Photos24

Basic Information

  • MLS Number72919905
  • Prop TypeCI
  • Status Date2021-11-14T12:58:00
  • Date Listed11/14/2021
  • List Price$1,995,000
  • Price Per Square Foot$481
  • LeaseYes
  • Lease Price IncludesBuilding
  • Lease TypeGross
  • DirectionMain Street to Essex
  • MLS StatusActive

Exterior

  • Railroad SidingNo
  • Roof MaterialMembrane, Rolled, Rubber

Utilities

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

Other

  • Modification Date2021-11-18T03:05:00
  • Certificate Number15324
  • Property TypeCommercial
  • Listing AlertNo
  • EasementsUnknown
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresDry Cleaners is part of sale
  • Book70580
  • Listing AgreementExclusive Right to Sell
  • Ref Bldg Sf4148
  • Plat PlanNo
  • ExchangeNo
  • Firm Rmk1Financials Available after completing NDA
  • Page140
  • View Count1

Location

  • StreetEssex Street
  • TownMelrose
  • StateMA
  • Zip02176
  • Zip Code 43102
  • CountyMiddlesex
  • LocationDowntown

Property

  • Acreage0.11
  • Space AvailableFor Sale
  • Site ConditionDry, Level
  • Square Feet4,148
  • SubletNo
  • Lot Size4678
  • Condo AssociationNo
  • Assessed Value Land286000
  • Main LoAN6181

Melrose, MA Demographics

There is no data available

Melrose, MA Real Estate Market Data

There is no data available

Melrose, MA Schools

School NameDistanceTypeGrades

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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