Amazing investment opportunity in the heart of Pepperell! Seller has invested over $500k worth of renovations to both the interior and exterior of the property the past 15 years. Conveniently situated in the heart of Pepperell, this property is located in a high traffic area and is only 7.5 miles from Route 3. There are 11 units, with a current occupancy rate of over 80%. 8 of the occupied units pay rent plus NN, 2 units paying NNN, and 1 unit is a gross lease. Roof above units 1 through 5 replaced in 2021/2022. Additional renovations include brick facade, lighting, pillars, and signage. HVAC units are tenants responsibility. Tenant of 1-3 is responsible for exterior maintenance. Owner responsible for snow removal only. Detailed income/expense figures, lease information, & rent roll will be provided to serious buyers only. Please do not speak with or disturb current tenants. Please contact listing agent to view the 2 vacant units and for additional info.
This home has been viewed 49 times
Last Checked: May 7th, 2024 at 1:52am (Source: MLS PIN #73060798)
General Information for 112-114 Main St, Pepperell MA 01463
Listing ID73060798
Property TypeCommercial Sale / Commercial
Price$2,595,000
Style
CityPepperell
CountyMiddlesex
Neighborhood(s)
ZoningCOM
Year Built1962
Disclosures for 112-114 Main St, Pepperell MA 01463
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsThere Is A Generator Hook Up - Generator Is Negotiable. Upstairs W/D Are Also Negotiable.
Buyer Agent Compensation2
Facilitator Compensation0
Compensation Based On
Contact Information for 112-114 Main St, Pepperell MA 01463