Overview Property Details Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Expired

380 Main St, Wilmington MA 01887

Commercial Sale

**PRICE REDUCTION.*** This mixed-use building is at 100% occupancy. Rents currently below market. On-site handyman available if needed. Located directly across from the Wilmington Station on the Lowell Line, 24 minutes from Boston. Easy access to I-93 off busy Highway 38. 7 on-site parking spots with short-term parking available near the bank. Retail tenant and 4 of the residential tenants are tenants at will, with one 1-bedroom apartment is leased through 11/31/23. Financials and utility information available to qualified buyers. Wilmington Plaza shopping center is 3/4 mile up the highway. Zoned Central Business: retail, office, bank, limited service restaurant, lodge & club, craft shop, personal service shop. The retail front is occupied by Designs by Don, a thriving florist shop established in 1989. Historic 1846 building. Nestled within a mix of residential neighborhoods, commercial districts, and industrial parks, this property offers a blend of convenience and accessibility.

This home has been viewed 39 times

Last Checked: May 7th, 2024 at 7:57am (Source: MLS PIN #73081398)

General Information for 380 Main St, Wilmington MA 01887

Listing ID73081398

Property TypeCommercial Sale

Price$950,000

Style

CityWilmington

CountyMiddlesex

Neighborhood(s)

Zoning011C

Year Built1846

Disclosures for 380 Main St, Wilmington MA 01887

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsAll Appliances To Remain.

Buyer Agent Compensation2.5

Facilitator Compensation1

Compensation Based On

Contact Information for 380 Main St, Wilmington MA 01887

Agent

Name: Court Merrigan

Office

Name: Coldwell Banker Realty - Marblehead

Phone: 781-631-9511

Exclusive Listing Agent

Coldwell Banker Realty - Marblehead

Court Merrigan

Agent Phone

Office Phone

(781) 631-9511

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.17 acres (7,405 SqFt)
    [add_date] => 2024-05-07 07:57:00
    [address] => Main St
    [agent] => Array
        (
            [address] => 2 Pleasant Court
            [city] => Marblehead
            [id] => CN251839
            [name] => Court Merrigan
            [national_association] => 
            [office] => C03800
            [state] => MA
            [zip] => 01945
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 4415
    [approx_lot_size_acres] => 0.17
    [approx_lot_size_sqft] => 7405
    [assessed_value] => $0
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
        )

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

[building_area_source] => Array
        (
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.5
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Array
        (
            [0] => Commercial Sale
        )

[cap_rate] => 
    [city] => Wilmington
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => **PRICE REDUCTION.*** This mixed-use building is at 100% occupancy. Rents currently below market. On-site handyman available if needed. Located directly across from the Wilmington Station on the Lowell Line, 24 minutes from Boston. Easy access to I-93 off busy Highway 38. 7 on-site parking spots with short-term parking available near the bank. Retail tenant and 4 of the residential tenants are tenants at will, with one 1-bedroom apartment is leased through 11/31/23. Financials and utility information available to qualified buyers. Wilmington Plaza shopping center is 3/4 mile up the highway. Zoned Central Business: retail, office, bank, limited service restaurant, lodge & club, craft shop, personal service shop. The retail front is occupied by Designs by Don, a thriving florist shop established in 1989. Historic 1846 building. Nestled within a mix of residential neighborhoods, commercial districts, and industrial parks, this property offers a blend of convenience and accessibility.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

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

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => All Appliances To Remain.
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 1
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

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

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 52.00
    [full_baths] => 
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

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

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 07:57:00
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
        )

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

[mls_area] => 
    [mls_id] => 73081398
    [neighborhoods] => 
    [net_income_calc] => -4228
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 
    [office] => Array
        (
            [id] => AN6221
            [name] => Coldwell Banker Realty - Marblehead
            [phone] => 781-631-9511
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

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

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

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 950000
    [price_per_sqft] => 0
    [price_per_unit] => 950000
    [private_pool] => 
    [property_sub_type] => Array
        (
        )

[real_estate_tax] => 4228.23
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 0
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

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

[street_number] => 380
    [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] => 2022
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 4228
    [total_gross_income] => 0
    [total_parking] => 7
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [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] => 380 Main St, Wilmington MA 01887
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

19 More Photos