Active

203 Lafayette Road

Salisbury MA, 01952

$900,000


$112.87 per sqft

Active

7,974 sqft

Commercial

Built in 1935

This 7,974 SF mixed-use property sits on 0.78 acres of land with strong visibility on Lafayette Road (Route 1). There is paved parking as well as land for parking lot expansion. The building is set up for mixed use, with a combination of retail, office, and residential spaces. This property presents a solid opportunity for an owner-occupant or investor, such as a landscaper or contractor, who can add value to their acquisition of the property while benefitting from rental income and exterior parking. The site offers two pylon sign posts, and town sewer is available for tie-in at the street. Highlights include: Four (4) Gas Meters, Four (4) Electrical Meters, Two (2) 10' x 10' Garage Bay Doors, Two (2) Pylon Sign Posts on Rt 1, Sewer Tie-In at the Street, plus Office, Retail, and Residential Uses. Traffic Count 8,490 VPD.

73294719

MLS ID

September 25, 2024

Listed

October 2, 2024

Updated

Map

203 Lafayette Road
Salisbury MA, 01952

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.78 Acres

Other Property Details

Taxes

$5,988


Tax Frequency

Annually


Garage

No


Parking Total

15


View

No


County

Essex


Pool

No


Zoning

LM-C

 

Courtesy of Liam Jerome, LandVest, Inc.

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Data last updated 1:05 AM UTC, 10/2/2024

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