$1,150,000
$1,900,000
39.5%For more information regarding the value of a property, please contact us for a free consultation.
487 Humphrey St Swampscott, MA 01907
3,920 SqFt
Key Details
Sold Price $1,150,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,920 sqft
Price per Sqft $293
MLS Listing ID 73409435
Sold Date 06/25/26
HOA Y/N false
Year Built 2001
Annual Tax Amount $19,612
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Investors and business owners take notice with this 4 Unit, Mixed use property that contains 2, 2-bedroom, residential units, and 2 commercial units. close to the ocean and downtown area. Very well-maintained property with existing owners' business on site. Current owners' family run business uses most of the building but can be reduced to allow leases of the residential 2 bedrooms, and the additional commercial unit. Price does include owners' family run business in the sale price. Please refer to floor plans. Plenty of off-street parking. The location is key, with its proximity to the ocean. Condo conversion potential is outstanding and/or buy as is for investment with the business transfer. Owners willing to stay on and train and stay on as employees as well. Due to owner's use of the building current rent roll is not at market. This is a Turnkey building and business. Taxes and balance sheet on business available with signed NDA.
Location
State MA
County Essex
Zoning B1
Direction GPS directions
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts
Others
Senior Community false
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Bought with Peter Castrichini • Barry Realty Group
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