1591 Osgood St North Andover, MA 01845
- Turn key restaurants
- 3,344 SF
- 2.85 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1591 Osgood St
- Year built
- 1950
- Lot size
- 2.85 lot acres
- Property size
- 3,344 SF
- Zone code
- IS
- Property type
- Turn key restaurants
- APN
- NAND M:00034 B:00004 L:00000
- APU
- NANDM00034B00004L00000
Description
Exceptional investment opportunity in North Andover, MA, encompassing a 2.846-acre parcel zoned IS. This property features two established, currently operating businesses: Jimmy's Famous Pizza and The Cork Stop. The asking price is $2,750,000. The location offers unparalleled visibility and accessibility, situated directly across the street from a newly opened, 3.8-million-square-foot Amazon e-commerce, warehouse, and distribution facility on a 110-acre lot. This strategic positioning provides significant advantages for future growth and profitability. The property consists of two units and presents a unique chance to acquire established businesses alongside a substantial land holding. The high-traffic location, coupled with the proximity to a major e-commerce hub, creates a compelling investment proposition with significant potential for long-term returns. This is a rare opportunity to own a thriving commercial property in a rapidly developing area. The property's two existing businesses offer immediate cash flow, while the expansive land provides ample room for expansion or future development. Detailed financial information and operational data are available upon request. Don't miss this chance to secure a prime commercial asset in a high-growth market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Andover
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.1123
- Latitude
- 42.7327
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
