Overview Property Details Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

One Commercial Opportunity, Newburyport MA 01950

Commercial Sale

Confidential- prospective buyers will be provided specific details of the property after execution of a Non-Disclosure Agreement. Offered for sale is this stand-alone single-story building in the center of the central business district of a city in the Newburyport area. The 1500+/- sf property offers off-street as well as street parking and is appropriate for the current retail use as well as professional office space. The zoning allows for a three-story mixed-use structure, which would allow apartment or condominium development above the current retail, bringing the total square footage to approximately 4500sf, making this an excellent investment, with 2-4 apartments for additional income, or 2-4 condominium units to sell to recoup redevelopment costs and profit. All information was obtained from the owner & public records, prospective buyers are encouraged to perform due diligence regarding suitability for their intended use in the contemplated acquisition.

This home has been viewed 31 times

Last Checked: May 7th, 2024 at 2:31am (Source: MLS PIN #73098947)

General Information for One Commercial Opportunity, Newburyport MA 01950

Listing ID73098947

Property TypeCommercial Sale / Commercial

Price$595,000

Style

CityNewburyport

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Garage Parking

ZoningCB

AssociationNo

Year Built1900

Year Built Source

Year Renovated

Year Built Details

Handicap Access / FeaturesNo

Energy Features

Disclosures for One Commercial Opportunity, Newburyport MA 01950

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Senior CommunityNo

Special Listing Conditions

For Sale By OwnerNo

Exclusions

Disclosures

Title 5

Buyer Agent Compensation2.25

Facilitator Compensation2.25

Sub-Agent Compensation

Compensation Based On

Contact Information for One Commercial Opportunity, Newburyport MA 01950

Agent

Name: Stephen Cavanaugh

Office

Name: Keller Williams Realty Evolution

Phone: 978-992-4050

Team Members

Exclusive Listing Agent

Keller Williams Realty Evolution

Stephen Cavanaugh

Agent Phone

Office Phone

(978) 992-4050

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.06 acres (2,760 SqFt)
    [add_date] => 2024-05-07 02:31:53
    [address] => Commercial Opportunity
    [agent] => Array
        (
            [address] => 16 Lafayette
            [city] => Newburyport
            [id] => CN211777
            [name] => Stephen Cavanaugh
            [national_association] => 452001527
            [office] => AN6888
            [state] => MA
            [zip] => 01950
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 1,500 SqFt
    [approx_lot_size_acres] => 0.06 acres
    [approx_lot_size_sqft] => 2,760 SqFt
    [assessed_value] => 
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 0
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
        )

[building_management] => Array
        (
        )

[building_debug] => One Commercial Opportunity Newburyport
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.25
    [buyer_agent_id] => CN211777
    [buyer_office_id] => AN6888
    [c_style] => Array
        (
            [0] => Commercial
        )

[c_type] => Commercial Sale
    [cap_rate] => -0.84%
    [city] => Newburyport
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Confidential- prospective buyers will be provided specific details of the property after execution of a Non-Disclosure Agreement. Offered for sale is this stand-alone single-story building in the center of the central business district of a city in the Newburyport area. The 1500+/- sf property offers off-street as well as street parking and is appropriate for the current retail use as well as professional office space. The zoning allows for a three-story mixed-use structure, which would allow apartment or condominium development above the current retail, bringing the total square footage to approximately 4500sf, making this an excellent investment, with 2-4 apartments for additional income, or 2-4 condominium units to sell to recoup redevelopment costs and profit. All information was obtained from the owner & public records, prospective buyers are encouraged to perform due diligence regarding suitability for their intended use in the contemplated acquisition.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 2.25
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 0
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $0
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 332839
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 02:31:53
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 1,500 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73098947
    [neighborhoods] => Array
        (
            [0] => Ipswich
        )

[net_income_calc] => -5000
    [net_operating_income] => Array
        (
            [0] => $0
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 1
    [office] => Array
        (
            [id] => AN6888
            [name] => Keller Williams Realty Evolution
            [phone] => 978-992-4050
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 978-852-3936
    [pool_features] => Array
        (
        )

[price] => $595,000
    [price_per_sqft] => 0
    [price_per_unit] => 595000
    [private_pool] => No
    [property_sub_type] => Array
        (
        )

[real_estate_tax] => $5,000
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 0
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => One
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2023
    [team] => Array
        (
            [0] => Array
                (
                    [id] => CN211777
                    [name] => Stephen Cavanaugh
                    [phone] => 978-852-3936
                    [address] => 16 Lafayette
                    [city] => Newburyport
                    [state] => MA
                    [zip] => 01950
                    [office] => AN6888
                    [national_association] => 452001527
                )

)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 5000
    [total_gross_income] => 0
    [total_parking] => 4
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 
    [unit_1_floor] => 
    [unit_1_lease] => Array
        (
        )

[unit_1_levels] => 
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 
    [unit_2_floor] => 
    [unit_2_lease] => Array
        (
        )

[unit_2_levels] => 
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => One Commercial Opportunity, Newburyport MA 01950
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1900
    [year_built_details] => 
    [year_built_source] => 
    [year_renovated] => 
    [zip] => 01950
    [zoning] => CB
    [zoning_details] => Legal Conforming
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 7018613
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/332839/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-07 02:31:54
                    [modified] => 2024-05-07 02:31:54
                )

)

)

EXIT