Dedham, MA 02026,70 Milton Street
Dedham, MA 02026,70 Milton Street
Dedham, MA 02026,70 Milton Street
30
$1,960,000
$2,100,000
6.7%
Est.Price: ?

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17,500 SqFt

70 Milton Street Dedham, MA 02026

Est. payment /mo
SOLD DATE : 08/14/2018

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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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Listed by Castles Unlimited® - Commercial
Bought with Dan Gardner • Castles Unlimited® - Commercial

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Billy Abildgaard

Broker | License ID: 9571935

+1(617) 315-0404

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