Active

New

147-149 Merrimac St # 8 Unit: 7-8

Newburyport MA, 01950

$298,500


Active

New

Commercial

Built in 1850

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.

73327914

MLS ID

January 21, 2025

Listed

January 21, 2025

Updated

Map

147-149 Merrimac St # 8 Unit: 7-8
Newburyport MA, 01950

Other Property Details

Taxes

$1,666


Tax Frequency

Annually


Association Fee

$208


Garage

No


Parking Total

0


View

No


County

Essex


Pool

No


Zoning

OFF CONDO

 

Courtesy of Douglas Danzey, exp Realty

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Data last updated 7:40 PM UTC, 1/21/2025

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