Billerica, MA 01821,799 Middlesex Tpke
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Billerica, MA 01821,799 Middlesex Tpke
Billerica, MA 01821,799 Middlesex Tpke
Billerica, MA 01821,799 Middlesex Tpke
Billerica, MA 01821,799 Middlesex Tpke

$1,750,000

Est. payment /mo

$1,895,000

7.7%
Est.Price: ?

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799 Middlesex Tpke Billerica, MA 01821

16,000 SqFt

SOLD DATE : 10/12/2023

Key Details

Sold Price $1,750,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 16,000 sqft

Price per Sqft $109

MLS Listing ID 73124372

Sold Date 10/12/23

Year Built 1961

Annual Tax Amount $30,820

Tax Year 2023

Lot Size 1.500 Acres

Acres 1.5

Property Description

Welcome to 799 Middlesex Turnpike in Billerica, an Investment Opportunity with Tenant Diversification. This free-standing, two-story property includes retail space, office space, off-street parking, and excellent visibility. With over 15,000 square feet of rentable space, the main tenant leases approximately 10,000 square feet, the restaurant Subway leases approximately 1,300 square feet, and over 4,500 square feet of second floor office space is available for lease. This property is an ideal asset for an investor seeking a projected 9+ CAP or for an owner-user. The newly expanded Middlesex Turnpike has become the gateway to this area, bringing new restaurants, apartments, and increased visibility.

Location

State MA

County Middlesex

Zoning 5

Direction Highly Visible Middlesex Turnpike in Billerica

Exterior

Total Parking Spaces 40

Others

Senior Community false

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Listed by Coldwell Banker Realty - Newton
Bought with Connie Uhm • Coldwell Banker Realty - Weston
agent

Faith Pulis

Advisor | License ID: 9570398

+1(978) 376-3561

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