165-167 Broad St Hudson, MA 01749
- Retail properties
- 5,485 SF
- 2.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 165-167 Broad St
- Year built
- 1932
- Lot size
- 2.50 lot acres
- Property size
- 5,485 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a unique chance to acquire two properties totaling 5,485 square feet on a 2.5-acre lot in Hudson, Massachusetts. The property consists of a ±4,500 square foot restaurant building with a ±900 square foot second-floor apartment, and an adjacent ±2,600 square foot single-family home. Situated in a commercial zoning district (C6), this property offers significant redevelopment potential. The buildings were constructed in 1932 and boast approximately 337 feet of frontage on Broad Street, providing excellent visibility and accessibility. The location is highly desirable, being just one mile from downtown Hudson and less than a quarter mile from the 290 and 495 interchange, ensuring convenient access to major transportation routes. The property's current Net Operating Income (NOI) is $125,166, and it is offered for sale at $2,600,000. This presents a compelling investment opportunity with strong potential for long-term growth and returns, given the favorable demographics and future growth prospects of the area. The substantial lot size and commercial zoning provide ample flexibility for various redevelopment scenarios.
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
- Hudson
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.5648
- Latitude
- 42.3818
