7,700+/- SF Multi Tenant Office Property For Sale
Listing was updated at: 10/02/2019
Property Overview
Price/Rent PSF $ 1,197,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 7,700
Date Available 10/02/2019
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Description

Location
325 Main Street is located along the easterly side of Main Street (Route 28) approximately 1/4 mile south of Andover, MA. The site has 89+/- SF of frontage along busy Route 28.

Sale
325 Main Street is a 7,700+/- SF multi-tenant office building with a retail storefront facade located along Route 28 in North Reading. The two-story property was constructed in 1988. The property is currently 75% leased creating opportunities for investors as well as business owners looking to be their own landlord. The interior consists of two levels with 10 units of which 3 have their own private exterior entrance. This property has been meticulously maintained and managed by the same owner for over 40 years. Majority of the tenants are at will as a result of their long term relationship with the current owner. Tenants include a civil engineering company (tenant for 18 years), a landscaping company (tenant for 10 years), a painter, photographer, children's sweet shop and more. Zoned Highway Business, the district is designed to provide for business involved in retailing, services, amusement/recreational activities and mixed-use developments. Properties located in the HB District have endless possibilities from neighborhood services to regional commercial centers.

Location