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Prepared for : Sep-06-2010 07:11:30 pm
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116 Main St
Peabody, MA. 01960-5553

Essex County

Directions: Main Street At Intersection Of Washington

MLS # 71058759 - Expired
Commercial/Industrial Commercial

List Price $429,900 Zoning IL
List Date   Lot Size 13,068SF
Sale Price   Est. Street Front 0
Sold Date   Depth 0
Assessed Value $423,900 Waterfront  
Days on Market   Taxes $8,719.62
Square Footage 5,422 Tax Year 2010
# Units 5 Parking Spaces 24
Remarks:
Large, 5 Unit Mixed use Bldg on Main Street at "Highly Visible" Washington & Main St in Dwntwn Peabody. Brick front bldg w/ 2 offices on 1st flr, 1 huge office on 2nd and 2(400 s.f.) studio apartments in basement rented (2@ $750 each). Ten pays elec (elec heat in studios). Parking in rear for 24+ cars. 1st floor rt tenant has 1,292 sq ft. There is a 5 yr lease @ $ 1,200 a mo for 1st 5 years w/ an option to renew. Years 6-10, rent increases annually by CPI.Call list broker for more info.
Building Info
Office Sq. Ft.   3273
Office Units   3
Resi. Sq. Ft.   800 Resi. Units   2 Total Units   5
Features
# Restrooms   6
Construction   Brick,
   Frame
Dividable   No
Elevator   No
Expandable   No
Handicap Accessible   No
Location   Downtown, Free
   Standing, Public
   Transportation, Central
   Business District
Parking   Open, K, Paved
   Driveway, On Site
Plat Plan   No
Railroad Siding   No
Roof   Shingle, rubber
Sprinklers   No
Subdividable   No
Survey   No
Utilities   Public Water,
   Public Sewer, 220 Volts
Financial Info
Building Assessed Value  
   $73,800
Gross Annual Exp.  
   $23,940
Gross Annual Income  
   $52,200
Land Assessed Value  
   $350,100
Net Oper. Income   $28,260
Special Financing   No
Additional Information
21E on File   Yes
Association Info  
   Association Available?:
   No
Deed   Book: 13888, Page:
   121
Disclosure Declaration  
   No
Exchange   No
Lease   No
Lien and Encumb   No
Off Market Date   9/5/10
Parcel #   M:0085 B:0080
Site Condition   Improved
Space Available   For Sale
Sublet   No
Year Built Source   Public
   Record
Zone Desc.   Legal
   Non-Conforming
Listing Office: RE/MAX Advantage Real Estate Listing Agent: Gary Blattberg

Property Last Updated by Listing Office: 9/6/10 12:06am

Courtesy: MLSPIN



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