Investors and business owners take notice with this 4 Unit, Mixed use property that contains 2, 2-bedroom, residential units, and 2 commercial units. close to the ocean and downtown area. Very well-maintained property with existing owners' business on site. Current owners' family run business uses most of the building but can be reduced to allow leases of the residential 2 bedrooms, and the additional commercial unit. Price does include owners' family run business in the sale price. Please refer to floor plans. Plenty of off-street parking. The location is key, with its proximity to the ocean. Condo conversion potential is outstanding and/or buy as is for investment with the business transfer. Owners willing to stay on and train and stay on as employees as well. Due to owner's use of the building current rent roll is not at market. This is a Turnkey building and business. Taxes and balance sheet on business available with signed NDA.
This home has been viewed 86 times
Last Checked: July 30th, 2025 at 5:48am (Source: MLS PIN #73409435)
General Information for 487 Humphrey St, Swampscott MA 01907
Listing ID73409435
Property TypeCommercial Sale
Price$1,900,000
Style
CitySwampscott
CountyEssex
MLS Area
Neighborhood(s)
Garage Parking
ZoningB1
AssociationNo
Year Built2001
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 487 Humphrey St, Swampscott MA 01907
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 Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Contact Information for 487 Humphrey St, Swampscott MA 01907