For more information regarding the value of a property, please contact us for a free consultation.
169-175 Cambridge Street Burlington, MA 01803
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $2,550,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,395 sqft
Price per Sqft $205
MLS Listing ID 73022988
Sold Date 04/10/23
Year Built 1975
Property Description
Opportunity to purchase three commercial parcels located at a lighted intersection totaling 1.16 +/- acres improved with three buildings for a total of 12,395 +/- square feet at 169-175 Cambridge Street in Burlington, Massachusetts. The three parcels include 169 Cambridge Street (0.140 Acres), 171 Cambridge Street (0.483 Acres; 4,800 sf building) and 173-175 Cambridge Street (0.535 Acres; 3,972 sf & 3,623 sf buildings). Relatively short-term leases with multiple tenants at the properties provide immediate cash flow but flexibility to add value and create upside through redevelopment or increasing rents. These highly visible properties are located in the densely populated and affluent neighborhood of Burlington, MA which is a suburb located 20 minutes north of Boston. The properties have excellent frontage, ample parking and access from a lighted intersection. The properties benefit from strong traffic counts on Cambridge Street and the surrounding retailer synergies.
Location
State MA
County Middlesex
Direction The property is located at the intersection of Cambridge Street and Winn Street.
Read Less
Bought with Joginder Saini • New Home Realty