Price Reduction
Address
430-432 Boston Road, Billerica, MA
Price
$ 1,399,000
Property Attributes
  • MLS#72938107
  • TypeCommercial
  • CountyMIDDLESEX
  • CityBillerica
  • Zip01821
  • Style
  • Taxes$ 37800
  • Price$ 1,399,000
  • Bedrooms0
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage11122
  • Lot Size0.79 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

ENHANCED PRICE...This is an unbelievable value to own 3 buildings and a well established business in the center of a great commuter city not far from Boston. Offered for the first time in 28 years. Dream opportunity to own a thriving ,very well known bar/restaurant plus 2 other buildings. One building houses the Center Cafe and has all equipment necessary for a full service restaurant including a full liquor license which is easily transferrable. .There are two one bedroom apartment above for added income. In addition ,a fully renovated building housing a popular Italian Rest with ongoing lease. The third building is the largest at 6,600 sq feet and has housed a local TV station for the past 25 years. It will be vacant and can be transformed into offices, business or residential use. Building and utilities have been continually updated. There is ample parking. This is a fantastic opportunity to procure property and a business in a progressive city.

Price History
1/31/2022 Listed $2,200,000
4/18/2022 5% - $2,100,000
6/22/2022 5% - $1,999,000
8/16/2022 4% - $1,925,000
1/3/2023 7% - $1,800,000
3/2/2023 6% - $1,699,000
9/5/2023 6% - $1,599,000
10/27/2023 7% - $1,499,000
4/10/2024 7% - $1,399,000

General Features

Utilities Public Water,Public Sewer,Natural Gas Available
Zoning GB/Mixed
Year Built 9999
Tax Year 2024
Gross Income 514093
County Middlesex
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions GPS
City Billerica
Disclosures Seller's agent is related to Seller. Listing is provided as a convenience to the Buyer. Buyer &/or Buyer's agent to verify all information prior to making an offer. All measurements are approximate
Senior Community Y/N No
Zoning Description Legal Conforming
Lot Size Square Feet 34412
Waterfront Y/N No
Street Name Boston Road
Tax Annual Amount 37800
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Interior Features

Total Baths 9

Exterior Features

Total Parking 29
Lot Size Area 0.79
Building Area Total 11122
Lot Size Acres 0.79
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 01821

Price
AVG $230K
$1.4M
Taxes
AVG $45,411
$37,800
Visits
AVG 325
105
Data Provided by Inside Real Estate®

Areas We Cover