Seller requests no solicitation calls for this listing. Will be relisted Spring 2024! TURNKEY MULTI USE BUILDING, 100% OCCUPIED, PRIME LOCATION WITH 25 PARKING SPACE, PAVED LOT, UPDATED FINANCIALS, APPROX 8% CAP RATE, HANDICAPPED ACCESSIBLE. The building has 3 commercial units and 1 residential unit currently leased for $2400.00 per month. Handicapped accessible main level houses 12 rooms, 5 bathrooms and 3 thriving businesses. The residential unit occupies the top 2 floors featuring 2700 sq feet of space with 4 bedrooms, 2 full baths and laundry room which could make this property the perfect set up for an owner-occupied, income producing option. A newer composite deck, stairs and vinyl railings are on the back of the building. Also featuring central air, mini splits, security system, irrigation system and 25 off street ,marked parking spaces in a paved parking lot. The building is brick and vinyl sided with 4 entrances to the main floor. Superb downtown location.
This home has been viewed 41 times
Last Checked: May 7th, 2024 at 5:32am (Source: MLS PIN #72960585)
General Information for 42 Lancaster St, Leominster MA 01453
Listing ID72960585
Property TypeCommercial Sale
Price$695,000
Style
CityLeominster
CountyWorcester
Neighborhood(s)
ZoningResC
Year Built1950
Disclosures for 42 Lancaster St, Leominster MA 01453
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsAll Personal Property.
Buyer Agent Compensation2.5
Facilitator Compensation1
Compensation Based On
Contact Information for 42 Lancaster St, Leominster MA 01453