Foxboro, MA 02035,23 & 31 E. Belcher Road
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Foxboro, MA 02035,23 & 31 E. Belcher Road
Foxboro, MA 02035,23 & 31 E. Belcher Road
Foxboro, MA 02035,23 & 31 E. Belcher Road
Foxboro, MA 02035,23 & 31 E. Belcher Road

$2,450,000

Est. payment /mo

$2,450,000

Est.Price: ?

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23 & 31 E. Belcher Road Foxboro, MA 02035

4,000 SqFt

SOLD DATE : 08/06/2020

Key Details

Sold Price $2,450,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $612

MLS Listing ID 72644957

Sold Date 08/06/20

Year Built 1996

Annual Tax Amount $16,103

Tax Year 2020

Lot Size 9.210 Acres

Acres 9.21

Property Description

Great investment opportunity. 4,000 s.f. Industrial building on 9.21 acres of land, leased to a nationally recognized leader in portable toilet rentals and restroom trailers, on an absolute NNN basis for 10 years (approximately 9 years remaining and (2) 5-year options), with a NOI of $170,895 (2020) with 3% annual rental increase. Recent improvements include an extensive renovation of the building's office space in 2019; a new septic system and 10,000 s.f. of new asphalt paving. Excess land available for possible Tenant expansion or possible subdivision. Call listing broker for complete sales prospectus.

Location

State MA

County Norfolk

Zoning GI

Direction Route 495 to Mechanic Street to Chestnut to Cocasset to East Belcher Road.

Exterior

Utilities Available Public Water, Private Sewer

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Listed by Mount Vernon Advisors
Bought with Peter Tedesco • Mount Vernon Advisors
Brenda Maggy

Brenda Maggy

REALTOR® | Broker

+1(603) 531-3839

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