430-432 Boston Road Billerica, MA SOLD

$1,225,000
Square Feet 11,122
Acres 0.79
Photo of 430-432 Boston Road Billerica MA 01821

Sold By

George Medeiros, Sunrise Realty



Description

ENHANCED PRICE...This is an unbelievable value to own 3 buildings and a well established business in the center of a great commuter city not far from Boston. Offered for the first time in 28 years. Dream opportunity to own a thriving ,very well known bar/restaurant plus 2 other buildings. One building houses the Center Cafe and has all equipment necessary for a full service restaurant including a full liquor license which is easily transferrable. .There are two one bedroom apartment above for added income. In addition ,a fully renovated building housing a popular Italian Rest with ongoing lease. The third building is the largest at 6,600 sq feet and has housed a local TV station for the past 25 years. It will be vacant and can be transformed into offices, business or residential use. Building and utilities have been continually updated. There is ample parking. This is a fantastic opportunity to procure property and a business in a progressive city.


Listed by Connie Doto Realty Group, Beverly Borrelli
Sold by Sunrise Realty, George Medeiros

Details

MLS 72938107
Status Closed
Price $1,225,000
DOM 1019 days
Type Commercial
Square Feet 11,122 sqft
Lot Size 0.79 acres
Year Built 9999

Lot & Building Features

Tax Year 2024
Taxes Paid $37,800

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Financing

$
20%
1%
6.75%
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$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.