Property Listing No Longer Available for Sale

SOLD 190 Front St., Ashland, MA

Office for Sale - $1,000,000 - 7,500 Sq. Ft. on 0.24 acres


Property Info

CIMLS#1132668
Location
  SOLD 190 Front St.
  Ashland MA 01721
UpdatedOctober 17th, 2023
TypeOffice
Price$1,000,000
Building7,500 Sq. Ft.
Land0.24 acres

Property Description

Value added property ! Office building with ground level drive-in access warehouse. Residential conversion may be allowed. 190 Front Street, Ashland was built in 1990 by its present owner, a master plumber, who maintained the property with hands-on expertise. Fully sprinklered, steel beam construction. The 7 or 8 unit building is fully occupied by long term tenants. Leases are month-to-month or expire in mid 2023 with no options for extensions. The leasing has been done on a net usable s.f. basis and some tenants have the utilities included.

A family member currently occupies the entire 2,500 s.f. ( gross s.f.) ground level warehouse floor. It is divided now into 2 spaces with (2) 10’ x 6’ overhead doors. The larger bay is approx. 35‘ x 47‘ with an internal bathroom serviced by a sewer ejector. The other bay has its own overhead door and can be leased separately and the tenant would use 1st floor restrooms accessed by an internal stairway.

The 2 main office floors have common area restrooms.

All suites are modern, in good condition and have plenty of natural sunlight.

The Seller has retired to Florida and that is the reason for selling.


Financials



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