$500,000
$550,000
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939 Salem #1 & 1B Groveland, MA 01834
5,126 SqFt
Key Details
Sold Price $500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,126 sqft
Price per Sqft $97
MLS Listing ID 73344556
Sold Date 09/04/25
HOA Y/N false
Year Built 2001
Annual Tax Amount $6,491
Tax Year 2025
Lot Size 2.060 Acres
Acres 2.06
Property Description
Incredible opportunity to own this Commercial condominium on busy Route 97 with great visibility. Huge open flexible floor plan offers a large showroom space measuring 22-foot ceiling height and 2 office areas plus open mezzanine space above the first-floor. Private half bath and storage area that leads to a large opening to double loading doors. Adjoining first floor space with private half bath that can be incorporated as part of the whole space or rented separately with its own entrance to generate rental income. Rear loading door allows easy delivery access. Huge open front parking lot area providing over 80 spaces. This prime commercial space is conducive for use as a CONVIENCE STORE, RETAIL SPACE, HARDWARE STORE, or GENERAL OFFICE or PROFESSIONAL OFFICE use, or possible RESTAURANT (Breakfast-Lunch-Pizza) establishment. The possibilities are endless. Condo fee for the entire space is $1,115.54 or $806.24 for the large unit space and $306.32 for what could be the rentable space.
Location
State MA
County Essex
Zoning B
Direction Rt 97 at the Georgetown line
Exterior
Utilities Available Public Water, Private Sewer, Natural Gas Available, 220 Volts
Roof Type Metal Roofing (Recycled)
Total Parking Spaces 88
Others
Senior Community false
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Bought with Joel E. Margolis • J. Barrett & Company
