59 Lafayette Rd, Salisbury, MA

Listing agent Tom Gorman Show Phone

Listing office Sands Investment Group (SIG) - Corporate Show Phone

Listing date Apr 9, 2025

Source Moodyscre

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Overview

This offering features an established veterinary practice located at 59 Lafayette Road in Salisbury, MA. The property includes real estate valued at $550,000, along with a fully operational and profitable business. The practice is a turnkey operation, fully equipped and staffed for a seamless ownership transition. The location is strategically positioned to serve a growing client base in Salisbury, Newburyport, Seabrook, Amesbury, and Haverhill. The business boasts strong financials, with a gross revenue of $1,080,000 and a Net Operating Income (NOI) of $438,277. The practice has a growing and loyal clientele, with an 85% client retention rate and 15-20 new clients per month. The comprehensive equipment package includes lab equipment, dental equipment, digital X-ray machine, surgical tools, anesthesia machines, and office furniture. An experienced team is in place, consisting of 1 veterinarian, 1 technician, 2 assistants, 1 office manager, and 1 receptionist. Established vendor relationships are in place with leading suppliers like MWI, Penn Vet Supply, First Vet Supply, Covetrus, Purina, Hills Science Diet, Zoetis, and Boehringer Ingelheim. The property size is 3,300 square feet.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Similar Places Nearby

• Animal Health Center of Salisbury — 59 Lafayette Rd, Salisbury, MA 01952
• Catmobile — 63 Elm St, Salisbury, MA 01952

Location Insight

• Map
• Local Demand

City

Salisbury

County

Essex

State

Massachusetts

Longitude

-70.865

Latitude

42.849

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FAQs

What type of property is this?

Medical Office Space - Turnkey veterinary practice with real estate in prime location.

Where is this medical office space located?

The property is located at 59 Lafayette Rd Salisbury, MA.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: High Net Operating Income (NOI) of $438,277 and a 25.04% Cap Rate, indicating an exceptional return on investment.; Well‑established and highly profitable veterinary practice with real estate included, valued at $550,000.; Turnkey operation that is fully equipped and staffed, ensuring a seamless ownership transition.