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70 Milton Street Dedham, MA 02026
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Key Details
Sold Price $1,960,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 17,500 sqft
Price per Sqft $112
MLS Listing ID 72348863
Sold Date 08/14/18
Year Built 1960
Annual Tax Amount $17,180
Tax Year 2017
Lot Size 0.290 Acres
Acres 0.29
Property Description
70 Milton Street is a +/- 17,500 square foot office/loft building that was completely renovated in 2018. Updates include all base building systems as well as extensive aesthetic improvements. The property enjoys outstanding water views of Mother Brook and the surrounding landscape. There is unrestricted free parking along Milton Street in addition to the rear parking lot The building is 85% occupied with two tenants that are freshly into their initial five year lease terms. The remaining +/- 2,550 SF vacant unit has a lease pending, which would bring the occupancy to 100%. This property represents an excellent investment opportunity to own a fully updated asset in a supply-constrained submarket with high occupancy rates across commercial sectors. Please sign the non-disclosure agreement (NDA) to review the income and expense. If you are a broker, please provide an NDA for each receiving party.
Location
State MA
County Norfolk
Zoning LM
Direction Near Intersection of High Street and Milton Street
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Bought with Dan Gardner • Castles Unlimited® - Commercial