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Commercial Real Estate For Sale
5 Doctor Osman Babson Rd
Gloucester, Massachusetts 01930
This three unit office building is a great investment opportunity as it is fully leased and offers a high cap rate of 11.9%. The building is in excellent condition including a new roof and skylights installed in May 2017. Current uses include dentist, orthodontist, and wellness center. 16 parking spaces on site and room for expansion. Tenants pay utilities including electric, water, sewer. HVAC by Carrier electric heat pump. This is a great property to have in your portfolio. Tenant in unit 5A has informally notified landlord that he is moving and will fulfill lease obligations.
$995,000.00
MLS#:72166487
Listing Office:Churchill Properties
Listing Agent:Christopher Bernier
Office Phone:(978) 526-0930
Address: 5 Doctor Osman Babson Rd
City:Gloucester
State:Massachusetts
ZIP Code:01930
Property Type:Commercial/Industrial
Lot Size:21501.00
Property Size:4600.00
Year Built:1988
Parking Spaces:16
Parking Feature:11-20 Spaces
Instruction:Call or Text Chris Bernier 978-578-5013
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