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Value Add Mixed Use Retail/ Multi Family

$1,200,000

304-306 Main Street, Groveland, MA 01834

Active
Last Updated: 10/13/2022

10,780 sqft

Building Size

0.32 acres

Lot Area

Details:
Building Size:    10,780 sqft
Lot Area:    0.32 acres
Units:    7
Year Built:    1900
Zoning:    B
Floors:    3
Parking Spots:    10
Description:

Value Add Mixed-Use 10,780sf property in a fantastic location on the Merrimack River in Groveland, MA. This property currently has two retail spaces on the first floor, (one plumbing supply business, one formerly a restaurant), four apartments on the second floor, and 3,000+sf on the third floor that is underutilized.

The building is in excellent condition with solid systems throughout. Central A/C on the first floor, gas-fired FHA heat. 304 Main is a lot on the river offering 7 parking spaces.

All information was obtained from public records and the owner, prospective buyers are encouraged to perform due diligence as to allowed use and material facts.

Situated on the river, just over the bridge.

10,780sf Mixed-UseRetail/ MultifamilyValue Add Investment6 Units- Potential for 10+ Units

Map:
Location
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