Montvale Ave Woburn, MA 01801

Property Details for Montvale Ave

Year built

2021

Lot size

0.07 lot acres

Property type

Commercial real estate

Description

This exceptional mixed-use property in Woburn, MA, presents a unique investment opportunity. The building, constructed by a reputable masonry contractor, boasts four (4) two-bedroom apartments, all currently rented, generating immediate income. The substantial retail/office space totals 2,190 square feet, offering significant potential for owner-occupancy or leasing. The first-floor retail area encompasses 1,540 square feet, while an additional 650 square feet of office/mezzanine space remains unoccupied, presenting a blank canvas for a new business. This space features dramatic exposed steel trusses, adding architectural character and visual appeal. The building's prime location in Woburn Center offers unparalleled convenience, with easy access to banking, restaurants, and cafes. A significant advantage is the direct access to a free municipal parking lot located directly behind the building, providing ample parking for tenants and customers. The building itself is a first-class, street-level masonry structure, built for longevity and durability. This property is ideal for an investor seeking a strong return or a business owner looking to establish a presence in a thriving, walkable downtown area. The combination of rental income and the potential of the retail/office space makes this a truly compelling investment. The property sits on a 0.07-acre lot. The asking price is $2,600,000.

Location Insight

City

Woburn

County

Middlesex

State

Massachusetts

Longitude

-71.1515

Latitude

42.4791