30 Boston RdBillerica, MA 01862

Property Details for 30 Boston Rd

Year built

1955

Construction

FRAME

Lot size

0.20 AC

Property size (Sq ft)

696 SF

Zone code

4

Property type

Retail properties

Property subtype

Retail space

APN

BILL M:0004 B:0043 L:0

APU

BILLM0004B0043L0

Description

This exceptional commercial property located at 30 Boston Road, Billerica, MA, presents a unique opportunity for a wide range of businesses. Situated on a 0.29-acre lot, this building is ready for immediate occupancy and boasts a wealth of recent improvements. A brand-new roof ensures long-term protection, while the installation of new windows and flooring enhances both aesthetics and energy efficiency. The property has also undergone a fresh coat of paint, giving it a clean and modern feel. Importantly, water service has been connected, eliminating a significant hurdle for potential tenants. The building's location on a busy thoroughfare guarantees high visibility and accessibility, making it an ideal spot for attracting customers. Ample on-site parking is another key advantage, providing convenience for both employees and clients. The flexible interior space allows for customization to suit a variety of business needs. This is a rare chance to acquire a fully renovated commercial property in a prime Billerica location. The asking price is $379,000. Don't miss this chance to establish your business in a thriving area. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $169,152

  6.5%

  $156,141

  7%

  $144,988

• Comparable approach

  Method

  Valuation

  Relative Method

  $229,167

  Geo Method

  $229,167

• Alternative Use

  Use

  Valuation

  Residential

  $131,710

  Hospitality

  $120,646

  Educational

  $100,376

  Medical

  $103,828

  Retail

  $156,141

Location Insight

City

North Billerica

County

Middlesex

State

Massachusetts

Latitude

42.5978

Longitude

-71.2985

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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