Address
181 S Franklin St # 400, Holbrook, MA
Price
$ 499,900
Property Attributes
- MLS#73192337
- TypeCommercial
- CountyNORFOLK
- CityHolbrook
- Zip02343
- StyleProfessional/Office
- Year Built2019
- Taxes$ 16353
- Price$ 499,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2443
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
OWN YOUR OWN CLASS A OFFICE SPACE! JUST LIKE NEW 2,443 square foot OFFICE CONDO built in 2019 & situated conveniently on Rte 37 just South of Holbrook Center. Convenient to Braintree, Randolph, Brockton, Abington & Weymouth & just 1 mile from the Holbrook/Randolph Commuter Rail Station & right on the T Bus Line to Braintree/Quincy. This simply beautiful & functional space is located on the sun-filled South & West side front, first floor of the building & is handicapped accessible & has wide open office spaces, lots of glass window walls, a full kitchen/breakroom, a large conference room separated by tempered glass walls, storage space/file room, men's & women's lavatories & mechanical/internet room. The office has upgraded finishes, cutting edge lighting, easy to maintain LVT flooring & 9 dedicated parking spaces. Note that the current tenant (insurance agency) has a lease that runs to May 31, 2025 at gross annual rent of $60,000. Great commercial investment property or future office!
| Price History | |
|---|---|
| 1/10/2024 | Listed $499,900 |
General Features
| Utilities | Public Water,Public Sewer,Natural Gas Available |
|---|---|
| Zoning | Condo |
| Association Fee Includes | Water,Sewer,Insurance,Maintenance Structure,Road Maintenance,Maintenance Grounds,Snow Removal,Trash |
| Year Built | 2019 |
| Unit Number | 400 |
| Tax Year | 2023 |
| Gross Income | 60000 |
| Business Type | Professional/Office |
| County | Norfolk |
| Net Operating Income | 35503 |
| Operating Expense | 24493 |
| Property Type | Commercial Sale |
| HOA / Comm Assn | Yes |
| Status | Active |
| Directions | Route 37 just south of Holbrook Center (Intersection of Rts. 37 & 139). |
| City | Holbrook |
| Disclosures | Current lease runs to May 31,2025 at a gross annual rent of $60,000 payable monthly at the rate of $5,000 per month. Owner pays real estate taxes and condo fees. |
| Senior Community Y/N | No |
| Zoning Description | Legal Conforming |
| Waterfront Y/N | No |
| Street Name | S Franklin St |
| Tax Annual Amount | 16353 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Lease Type | Net |
| Standard Status | Active |
| Tax Lot | 400 |
Exterior Features
| Total Parking | 9 |
|---|---|
| Building Area Total | 2443 |
| 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 02343
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
