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Office

12 Baldwin Street

12 Baldwin St, Methuen, MA 01844

Listing Price: $975,000

Gross SF
6,500
Rentable SF
6,500
Price/Gross SF
$150.00
Lot Size
0.57 acres
Year Built
1987

Investment Overview

We are pleased to offer for sale the fee simple interest in a freestanding, multi-tenant office building (the Property or Asset) located in Methuen, Massachusetts. Built in 1987, the property is a Class C, 6,500 square-foot suburban office building. Currently, the building is 20% occupied by tenants-at-will who have been in the building for over five years each. Conveniently positioned a few minutes away from I-93 in Methuen, Massachusetts, the asset allows for direct access to Boston. The property is surrounded by high-end office and industrial properties. Recent capital updates include recent roof replacement (two years), new awning and new energy-efficient light fixtures. Excellent opportunity for an owner-user and/or investor to take possession of 5,000SF. The Asset includes a well-maintained parking lot with thirty spaces. Given immediate access to I-93, this Asset is well suited for a local business with employees living within thirty minutes of the subject property. Moreover, The Asset is located in a qualified opportunity zone.

Investment Highlights

  • Excellent Opportunity for owner-user and investor
  • Qualified opportunity zone
  • Multi-Tenant Suburban Office Building

Exclusively Listed By

Listing Price: $975,000

Gross SF
6,500
Rentable SF
6,500
Price/Gross SF
$150.00
Lot Size
0.57 acres
Year Built
1987

Investment Highlights

  • Excellent Opportunity for owner-user and investor
  • Qualified opportunity zone
  • Multi-Tenant Suburban Office Building

Investment Overview

We are pleased to offer for sale the fee simple interest in a freestanding, multi-tenant office building (the Property or Asset) located in Methuen, Massachusetts. Built in 1987, the property is a Class C, 6,500 square-foot suburban office building. Currently, the building is 20% occupied by tenants-at-will who have been in the building for over five years each. Conveniently positioned a few minutes away from I-93 in Methuen, Massachusetts, the asset allows for direct access to Boston. The property is surrounded by high-end office and industrial properties. Recent capital updates include recent roof replacement (two years), new awning and new energy-efficient light fixtures. Excellent opportunity for an owner-user and/or investor to take possession of 5,000SF. The Asset includes a well-maintained parking lot with thirty spaces. Given immediate access to I-93, this Asset is well suited for a local business with employees living within thirty minutes of the subject property. Moreover, The Asset is located in a qualified opportunity zone.

Exclusively Listed By

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