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885 Main St
Tewksbury, MA 01876 Central Tewksbury

$259,000 USD

Storefront Retail Office Condo For Sale  •  1,880 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 1,880 SF
  • Lot Size 0.46 AC
  • Building Class C
  • Year Built 1987
  • Tenancy Multiple
  • Zoning Village Residential
30 Transit Score
30 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit A-9 Office 1,880 SF $259,000 USD
  • Unit Size: 1,880 SF
  • Condo Use: Office
  • Price: $259,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $137.77 USD
Description
Excellent location with lots of parking and all commercial glass storefronts. 2 separate commercial spaces. Each space has its signage on the building and its own private bathroom. Large common room in the rear used for storage and as a common rear egress. Recent HVAC replacement just a couple years back and upgraded 200amp circuit breaker panel. All LED remote controllable lighting. Currently there is a bar tending school on the left side that is rented as a tenant at will and owner storage to the right (the old Sullivan Insurance Company). The new owner is free to keep the current tenant and add a second tenant for a great income producing asset or use the entire space . Very flexible situation for the new owner. The current tenant is over due for a rental increase but this place more than pays for itself as is. If you add another tenant you can only do better. Owner simply no longer needs the storage. Total space of 1880sf (public records), all other sizes and such are estimates.

Highlights

2 separate glass storefront entrances.One left side (leased to Boston Bartender School), the right side used for owner storage
Bartender School (TAW) uses approximately 1/2 the space. New owner could add 2nd tenant, use current owners space or the entire condo. Very flexible.
New HVAC system, all LED lighting, 100amp service, Washer hookup in back.

Major Tenants

Tenant SF Occupied Lease End Date
Bay State Physical Therapy
Boston Bartenders School Of America
Dance Expressions
Kwon's Taekwondo Martial Arts

Amenities

  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
North Billerica (Lowell Line - MBTA) 9 min - 3.7 mi
Lowell (Lowell Line - MBTA) 11 min - 4.6 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 39 min - 24.4 mi
Manchester Boston Regional 51 min - 34.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Arthur Jovellas 857-356-4751 Vestport Inc.
Arthur Jovellas 857-356-4751 Vestport Inc.