Peter Saunders
REALTOR®
MLS#73545073
STATUSActive
PROPERTY TYPECommercial - Office
Property Description
Investment Opportunity! Great Cash Flow! 35 Commercial Offices on busy Randolph route! Close to everything!!!Here is a rare opportunity to own this elegant, field stone and wood frame, High Queen Ann Style Victorian Mansion (The Belcher Mansion) converted to professional office space and attached professional office building. This 23,000 (+/-) sf office complex, known as The Belcher Professional Center, is the ideal South Shore location for businesses and professionals looking to locate on the route 28 corridor between the I-93 / Route 128 split and Randolph Center. The complex offers distinctive quarters for a business that wants to set itself apart from companies located in the typical cookie-cutter office space. Offices in The Mansion?? make an enterprise stand out as focused on quality and class. This is a great investment opportunity for investors or users.See attachments for Expenses and rent roll!! Cap Rate is 7.9%
Property Features
Property Type: Commercial - Office
Lot Size: 0.98 Acres
Taxes: $43,782
Year Built: 1920
Feature Descriptions
Business Type: Professional/Office
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 18
Parcel Number: M:0045 B:000A L:1212,211601
Rental Term: Monthly
Utilities: Public Water, Public Sewer
Listed By / Shown By
Listed By
Agency Name: Lamacchia Realty, Inc.
Agent Name: Bernie Hassan
Agency Phone: 508-230-8200
Shown By
Agent Name: Peter Saunders
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
TOUR PROPERTY
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490 N Main St | MLS# 73545073
This commercial property located at 490 N Main St, Randolph, MA 02368 is currently listed for sale with an asking price of $2,700,000. Search Randolph real estate on petersaunders.masiellogrouprealestate.com today.