289 Main St West Newbury, MA 01985

Property Details for 289 Main St

Year built

1962

Construction

FRAME

Lot size

0.25 lot acres

Property size

1,429 SF

Zone code

RC

Property type

Gas stations

APN

WNEW M:001.U B:0000 L:0040.0

APU

WNEWM001UB0000L00400

Description

This exceptional investment opportunity presents a 0.25-acre commercial lot in West Newbury, Massachusetts, at 289 Main St., zip code 01985. The property features a single-story, 1,429 square foot building constructed in 1962. Currently operating as a service station, this established business offers a stable income stream secured by a five-year lease. The property's prime location near major commuter routes and local amenities ensures high visibility and accessibility. The single-unit building sits on a conveniently sized lot, providing ample space for operations. This turnkey business presents a rare chance to acquire a profitable, established enterprise with a long-term lease in place, offering immediate return on investment and future growth potential. The property is situated in Essex County and boasts a strong local customer base. The asking price for this exceptional opportunity is $799,000. This is a unique chance to own a successful business in a desirable location with a proven track record. The property's existing infrastructure and established clientele provide a solid foundation for continued success and expansion. This is an ideal investment for those seeking a stable income stream and long-term growth potential in a thriving commercial area.

Location Insight

City

West Newbury

County

Essex

State

Massachusetts

Longitude

-70.9957

Latitude

42.7959

CBSA code

14460

CBSA name

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

Property Tax & Assessments