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MLSPropertyFinder.com

251-267 Belmont Street, Belmont, MA 02478

Commercial

$4,699,000
Price

6
Buildings
Commercial
Type of Comm.
14,788.00
Lot Size
Seller will sub-divide. First time available in 90 years, this commercial portfolio, a full block, freestanding, LB3 zone in Belmont on the Watertown/Cambridge line. This unique investment offers the opportunity to acquire multiple units on 3 separate deeds with land size over 14,778 SF. Building 259 Corner of Worcester Street - auto garage, warehouse -TAW. A lower garage, TAW. Building 261 upper garage, TAW. Building 263 retail 1700 sq plus penthouse and basement storage, currently leased. Building 265 Belmont - retail plus basement, storage garage TAW. Separately deeded 5 Newton Street garage and parking 2004 SF, is included in this portfolio sale. Property is currently being used as two retail spaces, multiple garages, and warehouse, many other uses are permitted. Please check Town zoning ordinance for a list of all permitted uses.
Open House
No scheduled Open Houses
Highlights
Lot Size: 14,788.00
Acres: 0.34
List Price: $4,699,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Stories: 2
Buildings: 6
Total Units: 6
Year Built: 1920
Sub Dividable: Y
MLS#: 72647663
Interior
Elevator: No
Exterior
Acres: 0.34
Depth: 102
Space Dividable: Yes
Easements: Unknown
Expandable: Unknown
Handicap Access: Unknown
Lot Size: 14,788.00
Parking Spaces: 10
Parking Features: 1-10 Spaces, Garage, Improved Driveway, Paved Driveway, On Site
Construction: Brick, Stone/Concrete, Mason
Railroad Siding: No
Roof Material: Membrane, Asphalt/Composition Shingles
Site Condition: Dry, Level, Improved
Sprinklers: Unknown
Underground Tank: No
Location: Suburban, Corner Lot
Utilities: Public Water, Public Sewer, Natural Gas
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $988,000
Assessed Land Value: $1,488,000
Exchange: No
Taxes: $27,236
Tax Year: 2020
Lien and Encumbent: Unknown
Book/Page: 1172/137
Lease Price Includes: Building
Sublet: No
Plat Plan: No
Survey: No
Total Assesed Value: $2,476,000
Zone Description: Legal Conforming
 
 
Features
Manufacturing Sq. Ft.: 9,999
Manufacturing Units: 3
Office Sq. Ft.: 999
Retail Sq. Ft.: 9,999
Retail Units: 2
Warehouse Sq. Ft.: 9,999
Warehouse Units: 1
 
 
Additional
Disclosure Declaration: No
Disclosure: All but one tenant TAW. One tenant has lease please inquire with LA
For Lease: No
Lease Type: Other (See Remarks)
Space Available: For Sale
The listing office is Berkshire Hathaway HomeServices Commonwealth Real Estate and the listing agent is The Toland Team. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
Office
Office
Real Estate Advisors Group


Real Estate Advisors Group   Real Estate Advisors Group
195 Mt. Auburn Street • Watertown, MA 02472 Map it
Office: 617-924-8000 • Fax: 617-924-9000
Sales@TheAdvisorsRE.com

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