191 Elm St Salisbury, MA 01952
Sponsored
13,700 SF Office Building, 6.36% Cap Rate
Property size:
13,700 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 191 Elm St
General Information
- Property type
- Medical offices
- Square Feet
- 13,700 SF
- Class
- A
HighLights
- Class A, multi‑tenant office building totaling 13,700 square feet, located at 191 A Elm Street, Salisbury, MA.
- 6.36% capitalization rate with a $171,800 net operating income (NOI).
- 73% occupancy with nine professional tenants; projected full occupancy by January 1, 2024.
- 20 dedicated parking spaces plus additional parking available.
- Excellent location near Routes 95 & 495, the NH border, beaches, and Newburyport; surrounded by businesses and a fitness center.
Property Profile
Location Intelligence
Current Use by Public Records
Medical offices
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.8933557
- Latitude
- 42.8436918
Nearby Similar for Sale
FAQs
What type of property is this?
Medical office - 13,700 SF Office Building, 6.36% Cap Rate
Where is this medical office located?
The property is located at 191 Elm St Salisbury, MA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Class A, multi-tenant office building totaling 13,700 square feet, located at 191 A Elm Street, Salisbury, MA.; 6.36% capitalization rate with a $171,800 net operating income (NOI).; 73% occupancy with nine professional tenants; projected full occupancy by January 1, 2024.
