Chelmsford St Chelmsford, MA 01824
- Commercial real estate
- 0.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Chelmsford St
- Year built
- 1930
- Lot size
- 0.40 lot acres
- Property type
- Commercial real estate
Description
This exceptional free-standing retail building in Chelmsford, MA presents a rare investment opportunity. Situated on a 0.4-acre lot in the heart of Chelmsford Town Center, this multi-tenanted property boasts a striking facade and well-designed layouts, attracting significant foot and vehicle traffic. The building enjoys high visibility, with over 11,000 cars passing daily, ensuring strong exposure for its tenants. Its prime location offers convenient access to the public library and other amenities. The property benefits from a robust existing income stream generated by its current tenants, a mix of local and national businesses, providing immediate return on investment. This presents a compelling opportunity for investors seeking stable income and long-term appreciation. The property's size and layout also offer potential for owner-occupancy, allowing a business to relocate and benefit from the high-traffic location. The building's design and location make it an attractive option for a variety of retail businesses seeking a prominent presence in a thriving community. This is a unique chance to acquire a well-established, income-producing property with significant upside potential in a desirable Massachusetts market. The property's strong tenant base and high visibility make it an ideal investment for both seasoned investors and those new to commercial real estate. The asking price is $950,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chelmsford
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3513
- Latitude
- 42.597