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$ 330,000
Est. payment /mo
New
583 Chickering Rd #6 North Andover, MA 01845
1,650 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $200
MLS Listing ID 73350903
HOA Fees $301
HOA Y/N true
Year Built 1980
Annual Tax Amount $3,812
Tax Year 2025
Property Description
***MULTIPLE OFFERS OVER ASKING, HIGHEST & BEST DEADLINE WEDNESDAY 4/2 4PM.*** LOCATION, LOCATION, LOCATION!!! WELL ESTABLISHED RETAIL SPACE, WINDOW STOREFRONT, UPDATES, CAP RATE!!! STRATEGIC, HIGH VISABILITY ON RTE 133 near many amenities! 12,203 AADT (traffic count) daily. Accessible, multiple storage areas, (1) ADA 1/2 bath, updated interior & mechanicals, extensive plumbing/washer/dryer/sink/tub hookups, water bubbler, several additional separate rooms, (5) parking spots (4 front, 1 back) & offers flexible floor plan. Condo professionally managed. Currently estimated/pro forma: Net Operating Income (NOI): $29,828. Tenant owns pet grooming business & has never been late on payment, current lease through May 2026. Building exterior overhang, electrical, lighting recently updated 2024. Sprinkler system updated 2021. Tenant pays: ALL utilities/insurance/trash, almost all taxes & condo fees, 50% other CAM fees, if any. Highways, schools, businesses nearby.
Location
State MA
County Essex
Zoning GB
Direction On Route 133. Access from I-495, 125. 495>Exit 102-101 to Mass Ave>Chickering Road.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts
Total Parking Spaces 5
Others
Senior Community false
Listed by Century 21 McLennan & Company
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