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You are here:
33 Days on Boston Pads
30 Photos
$1,125,000
Type: Mixed Use
Lease Type N/A
7773 Bldg. SQFT
Restrooms: N/A
Parking: N/A
325 Main St
North Reading, MA 01864

Property Description

" LANDSCAPERS WELCOMED " Rare Mixed use Commercial Plaza on busy Main Street (Route 28) North Reading. Highway Business Zoning. Currently has one Retail unit , 7 Office units, and 9 Rentable truck parking spots. This property has the possibility for 17 separate rents when fully rented. Rent roll available upon request. Two office units open currently for new owner to move right in if desired. Perfect for a growing company that needs truck parking, office or retail space. Very close to I-93, Rt 125 and down town Andover. High visibility location with great roadside pylon sign. Detail interior floor plans attached. Building has ground floor access on two different levels. Title 5 Passed. Buyer and buyer's agent must verify all information including legal use of property and perform their own due diligence. Property's potential rent is roughly $125,253 plus truck rentals when completely rented. Leases in place. Clean 21E - https://eeaonline.eea.state.ma.us/portal#!/wastesite/3-0037

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Non-Conforming
  • MLS ID#: 73217362

Financial

  • Gross Annual Expenses: 29598
  • Gross Annual Income: 88356
  • Net Operating Income: 58758

Building Information

  • Total SQFT: 7773

Construction & Utilities

  • Utilities: Natural Gas, Private Sewer, Public Water

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/01/2024Active$1,125,000$145MLSPIN
03/28/2024New$1,125,000$145MLSPIN
02/24/2024Active$1,500$1MLSPIN
02/24/2024Active$575$3MLSPIN
02/20/2024New$1,500$1MLSPIN
02/20/2024New$575$3MLSPIN
12/15/2023Canceled$1,350,000$181MLSPIN
11/11/2023Active$1,350,000$181MLSPIN
11/07/2023Reactivated$1,350,000$181MLSPIN
11/01/2023Expired$1,350,000$181MLSPIN
08/01/2023Active$1,350,000$181MLSPIN
07/28/2023Reactivated$1,350,000$181MLSPIN
07/28/2023Expired$1,350,000$181MLSPIN
07/21/2023Active$1,350,000$181MLSPIN
07/17/2023Price Change$1,350,000$181MLSPIN
04/09/2023Active$1,500,000$201MLSPIN
04/05/2023Back on Market$1,500,000$201MLSPIN
03/30/2023Contingent$1,500,000$201MLSPIN
02/04/2023Active$1,500,000$201MLSPIN
01/31/2023New$1,500,000$201MLSPIN

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View Breakdown

Seller's Representative: Cudmore and Associates, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-04-04 10:19:00