REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 298,500
Est. payment /mo
Pending
147-149 Merrimac St #7-8 Newburyport, MA 01950
UPDATED:
02/13/2025 08:05 AM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 73327914
HOA Fees $208
HOA Y/N true
Year Built 1850
Annual Tax Amount $1,666
Tax Year 2024
Property Description
Investors: This is a great investment with a 10.3 Cap Rate. This 850 square foot commercial space is made up of two combined commercial condos, units 7 & 8. This space can be used for retail or office space.There is a bright and open reception area with work stations, a large conference room with a wall mounted television screen for presentations, a private office with it's own exterior entrance and a storage closet and bathroom. The heat and lighting is all electronically controlled through your smart phone and the space has been updated in the past eighteen months. The heat is natural gas forced hot water and the AC is a wall mounted AC unit that cools the whole space. Low condo fee of $208 a month includes, master insurance, water and sewer, exterior maintenance and snow removal. This is a prime location with maximum visibility and signage. List agent is the owner of the unit.
Location
State MA
County Essex
Zoning OFF CONDO
Direction Merrimac St towards downtown Newburyport. 147-149 is on the right.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Others
Senior Community false
Listed by eXp Realty