Tina Bilazarian Group
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3 Rice Square, Worcester, MA 01604


Sale Price

Type of Comm.
Lot Size
Family owned for over 40 years! 2 Buildings - 2 separate commercial operations. Corner lot (.28 acre) with high visibility. Interior condition - indication of pride of ownership. Motivated family desires sale. New owner can maintain property, collect rents and watch investment grow.
Lot Size: 12,332.00
Acres: 0.28
Sale Price: $445,000
Settled Date: 6/12/2018 12:00:00 AM
List Price: $445,000
Type: Commercial
Type of Comm.: Commercial
Status: Sold
Restrooms: 4
Stories: 1
Buildings: 2
Total Units: 2
Total Sq. Ft.: 3,611
Year Built: 1965
Approx. GLA: 3,611
Sub Dividable: N
MLS#: 71872363
Elevator: No
Acres: 0.28
Depth: 12,367
Space Dividable: No
Expandable: No
Handicap Access: Yes
Lot Size: 12,332.00
Parking Spaces: 20
Parking Features: 11-20 Spaces, Paved Driveway
Construction: Aluminum, Brick, Stone/Concrete, Frame, Mason, Stucco
Railroad Siding: No
Roof Material: Membrane, Asphalt/Composition Shingles
Site Condition: Dry, Level, Open
Sprinklers: No
Underground Tank: No
Location: Downtown, Urban, Free Standing, Highway Access, Public Transportation, Central Business District, Corner Lot
Utilities: Public Water, Public Sewer, Natural Gas
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $256,400
Assessed Land Value: $61,000
Exchange: No
Gross Annual Expenses: $13,995
Mill Rate: $33
Gross Annual Income: $57,228
Taxes: $10,260
Tax Year: 2017
Lien and Encumbent: No
Net Operating Income: $43,233
Book/Page: 48932/208
Lease Price Includes: Building
Sublet: No
Plat Plan: Yes
Survey: No
Total Assesed Value: $311,600
Zone Description: Legal Conforming
Retail Sq. Ft.: 3,611
Retail Units: 2
Disclosure Declaration: No
Disclosure: Triple net long term lease.
For Lease: Yes
Lease Type: Triple Net Lease (NNN)
Space Available: For Sale
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The listing office is William T. Lee Real Estate and the listing agent is William Lee. The property listing data and information, or the images, 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, and the images, 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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
Bilazarian Group