Mixed Use Building Walking Distance to Sharon Train Station

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30744760
Property Subtypes: Mixed Use, Office Building
Status: Pending/Contingent
Building Size (RSF): 2,300 SF
Gross Building Area: 3,621 SF
Gross Land Area: 0.13 Acres
Sale Price: $575,000
Unit Price: $250 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: 62 South Main Street
Class of Space: Class C
Usable Size (USF): 2,300 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/19/2021

Overview / Comments

Mixed use office and residential building with great visibility on South Main Street. Full basement offers abundant storage. Paved parking. First floor consists of 1,150sf of finished office space and is currently vacant. Second floor consists of 2 one bedroom apartments with access to rear deck. Apartments pay $800 per month each including utilities. Month to month. New roof in 2015. New septic system. Walk to the Sharon Train Station. Recent electrical and plumbing upgrades.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $6,376 (Annual)
Tax Value Land $102,700
Tax Value Improvements $209,400
Assessed Value - Total($) $312,100 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Norfolk
Taxing Authority: City of Sharon
Tax ID/APN: 091246000
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,150 SF
Year Built: 1935
Year Renovated: 1990
Roof Type: Arched
Construction/Siding: Wood Frame
Parking Type: Surface
Heat Type: Oil
Heat Source: Baseboard
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,660 44,029 124,081
Median Age: 44 42.68 41.57
Households: 2,966 16,723 47,035

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