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    414 Boston St Topsfield, MA 01983

    Sponsored
    For Sale
    $1,600,000

    High-visibility Route 1 commercial building. Great investment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property at 414 Boston Street in Topsfield, MA, presents a unique investment opportunity. Situated on a 0.7-acre lot with prime frontage on heavily traveled Route 1, this property boasts unparalleled visibility and accessibility. The building offers versatile spaces, currently configured for multiple uses, including a thriving restaurant and separate office areas. Each space is individually metered, allowing for efficient management of utilities and diverse income streams. The property's thoughtful maintenance is evident in the recent installation of gas-fired rooftop HVAC units (exact date not specified) and a durable rubber roof installed in 2006, ensuring both comfort and long-term cost-effectiveness. The inviting exterior features lush landscaping and prominent monument signage, enhancing curb appeal and attracting potential customers. This property is ideal for an owner-operator seeking to combine business and residential living or an investor looking to capitalize on multiple income streams from various tenants. The flexible layout allows for a variety of business configurations, making it an attractive prospect for a wide range of entrepreneurial ventures. The asking price is $1,600,000.

    Property Features for 414 Boston St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    30,492 SF

    Building Details

    Year Built
    1979
    Property Profile Location Intelligence

    Current Use by Public Records

    Osteria Peppino Pizzeria Restaurant Electric Services Unlimited Electrician New Outlooks Psychotherapist Ms. Laura Godfrey Chiropractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Topsfield
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9333
    Latitude
    42.65684

    Nearby Comparable

    • Contact for pricing

      Topsfield Office Space: 2000 sq ft

      Prime North Shore commercial space, flexible layout, ample parking.
      430 Boston St, Topsfield, MA 01983
      View Details
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      3,900 SF

      Topsfield Commercial Building - Main St

      Prime Topsfield location, 3,900 sq ft, 3.59 acres.
      30 Main St, Topsfield, MA 01983
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      Historic Topsfield Building For Sale

      Rare, well-preserved building in Topsfield's business district. Office or retail.
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      Wenham Two-Family Home

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      Established Restaurant Business For Sale

      Profitable restaurant with loyal customer base and growth potential.
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      Wenham Multifamily Property with Potential

      Multifamily property in Wenham with opportunity to unlock potential.
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      26.78 Acres

      Picturesque Georgetown Land Opportunity

      26.78 acres in Georgetown, ideal for estate or development.
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      Versatile Commercial Property on Route 133

      Commercial property on 1.62 acres with excellent visibility.
      188 E Main St, Georgetown, MA 01833
      View Details

    Nearby Similar for Sale

    • $599,000

      Historic Topsfield Building For Sale

      Rare, well-preserved building in Topsfield's business district. Office or retail.
      2 Main St, Topsfield, MA 01983
      View Details
    • Contact for pricing
      3,900 SF

      Topsfield Commercial Building - Main St

      Prime Topsfield location, 3,900 sq ft, 3.59 acres.
      30 Main St, Topsfield, MA 01983
      View Details
    • Contact for pricing

      Topsfield Office Space: 2000 sq ft

      Prime North Shore commercial space, flexible layout, ample parking.
      430 Boston St, Topsfield, MA 01983
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-visibility Route 1 commercial building. Great investment opportunity.
    Where is this commercial real estate located?
    The property is located at 414 Boston St Topsfield, MA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (508) 488-9892
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    414 Boston St Topsfield, MA 01983
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    414 Boston St Topsfield, MA 01983
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