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