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11-15 Forest Street

Medford, MA 02155
  • $1,100,000
  • STATUS: Active
  • MLS #: 72985002
Price Reduced
UPDATED: 78 min ago
$1,100,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,374
    SQFT
  • $463
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1930
County:
Area:

School Ratings & Info

Listing courtesy of Rita Chekijian of Real Estate Advisors Group, Inc..

Description

Rare investment opportunity of a commercial free standing building in the midst of bustling, historic Medford Square. This building consists of 3 units, but is currently being used by two long term successful businesses/tenants. Restaurant has approx. 3 years left on lease and dry cleaners is TAW. Updated heating, central air and roof. Full basement for storage. Near public transportation. High visibility!

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-30T23:08:42.657.
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11-15 Forest Street Medford, MA 02155

  • Price: $1,100,000
  • Status: Active
  • On Site: Days
  • Updated: 78 min ago
  • MLS #: 72985002
0
Beds
0
Baths
0
½ Baths
0.1
Acres
2,374
SQFT
$463
$/SQFT
1930
Built
Neighborhood:
Other
County:
Middlesex
Area:
Other
Property Description
Rare investment opportunity of a commercial free standing building in the midst of bustling, historic Medford Square. This building consists of 3 units, but is currently being used by two long term successful businesses/tenants. Restaurant has approx. 3 years left on lease and dry cleaners is TAW. Updated heating, central air and roof. Full basement for storage. Near public transportation. High visibility!
Exterior Features

Construction Brick Location DowntownFree StandingPublic Transportation Parking Features Street Parking Spaces 0 Site Condition Level Stories 1

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 2374.00 Restrooms 3 Rsf Building Sq Ft 0.00 Total Building Sq Ft 2374.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 278700.00 Assessed Value Land 307900.00 Assessed Value Total 586600.00 Commercial Industrial Type Commercial Disclosure No Disclosures Zoning is Commercial 1. Buyer/Buyer's Agent To Perform Own Due Diligence And Verify All information Provided. Restaurant Has Approx. 3 Years Left On Lease. Dry Cleaners is Taw And Would Like To Stay. Total Living Area Taken From Public Record. Exchange No Exclusions Tenant's Business And Personal Belongings. Gross Annual Expense 15826.00 Gross Annual Income 68400.00 Lease Yes Lender Owned No Mau Units 0 Net Operating Income 52574.00 Ofu Units 0 On File21 E No Reu Units 3 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2022 Taxes 10107.12 Total Units 3 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning Commercial

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Rita Chekijian of Real Estate Advisors Group, Inc..


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-30T23:08:42.657.
 
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Re/Max Vantage
77 State Road
Dartmouth MA, 02747
Listing courtesy of Rita Chekijian of Real Estate Advisors Group, Inc..