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