$2,450,000
$2,450,000
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23 & 31 E. Belcher Road Foxboro, MA 02035
4,000 SqFt
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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Bought with Peter Tedesco • Mount Vernon Advisors
