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$695,000
Est. payment /mo
0.41 Acres Lot
UPDATED:
01/04/2025 08:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73321994
HOA Y/N false
Year Built 1965
Annual Tax Amount $8,932
Tax Year 2024
Lot Size 0.410 Acres
Acres 0.41
Property Description
This updated commercial building offers a prime investment opportunity, featuring a well-maintained convenience store with a secure 10-year lease at $2,200 per month. The property also includes two fully updated 2-bedroom, 1-bath apartments, offering modern amenities and comfortable living spaces. One of the apartments is currently rented at $1,600 per month, providing a steady rental income, while the other is vacant, presenting potential for additional rental income or owner occupancy.In addition to the commercial building, the property includes an adjacent 1/4-acre commercial lot, currently being used for parking. This lot opens up a variety of possibilities for expansion or redevelopment, with the buyer encouraged to check with the town for potential uses, offering flexibility for future plans. The property also includes off-street parking, enhancing convenience for tenants and customers alike.
Location
State MA
County Hampden
Zoning 106
Direction GPS Friendly
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Total Parking Spaces 20
Others
Senior Community false
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Listed by RE/MAX Connections - Belchertown
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Norfolk County, MA
Broker Associate | License ID: 9090789
Broker Associate License ID: 9090789