Joyce Kelley - ERA Key Realty Services - Westborough

155 Main St, Grafton, MA 01560

South Grafton


Sale Price

Type of Comm.
Lot Size
New Price!! Seller says bring offers!! Look no further, you have found a rare offering in Grafton a Mixed Use Commercial/Residential building just waiting for you! This 4 unit building has two business spaces on the first level and two residential apartments on the second level. The business spaces are heated by electric, building is on a slab, both businesses have a half bath with good visibility from the well traveled roadway rte.122A a cut-through from Millbury to Northbridge and Sutton. The two apartments are nearly mirror images of each other with four rooms, two bedrooms, living room, eat-in kitchen, porch off the back of each as second egress to backyard. The two apartments are individually heated/metered with natural gas. They both have a mix of hardwood flooring, carpet, tile, vinyl though-out both apartments. They both have an attached exterior shed for storage. There are 15+ parking spaces, possibility to expand building - large lot. Ask about approved sign plot plan.
Lot Size: 16,117.00
Acres: 0.37
Sale Price: $290,000
Settled Date: 11/21/2018 12:00:00 AM
Area/Village: South Grafton
List Price: $329,900
Type: Commercial
Type of Comm.: Commercial
Status: Sold
Restrooms: 4
Stories: 2
Buildings: 1
Total Units: 4
Units: 4
Total Sq. Ft.: 2,640
Year Built: 1959
Approx. GLA: 2,640
MLS#: 72393396
Elevator: No
Acres: 0.37
Easements: Unknown
Lot Size: 16,117.00
Parking Spaces: 15
Parking Features: Assigned, Open, 11-20 Spaces, Improved Driveway, Paved Driveway, On Site
Construction: Stone/Concrete, Frame
Roof Material: Combination, Asphalt/Fiberglass Shingles, Rubber
Site Condition: Dry, Level, Slope, Improved
Sprinklers: Yes
Location: Suburban, Shopping Mall, Strip, Free Standing, Highway Access, Public Transportation, Corner Lot, Neighborhood
Utilities: Public Water, Public Sewer, Natural Gas
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $129,400
Condo Assoc.: No
Assessed Land Value: $148,800
Exchange: No
Gross Annual Expenses: $7,620
Gross Annual Income: $34,800
Taxes: $4,615
Tax Year: 2018
Lien and Encumbent: No
Net Operating Income: $27,180
Book/Page: 40329/222
Lease Price Includes: Building, Other (See Remarks)
Sublet: No
Total Assesed Value: $278,200
Zone Description: Other (See Remarks)
Office Sq. Ft.: 696
Office Units: 1
Retail Sq. Ft.: 696
Retail Units: 1
Residential Sq. Ft.: 1,248
Residential Units: 2
Exclusions: Personal items.
Disclosure Declaration: Yes
Disclosure: Two business spaces on 1st floor are heated by electric/bath/1392+/-sqft, the two residential 4/2/1/1248+/- sqft apartments on 2nd floor heated by natural gas. Town of Grafton 0-31 use code is Multi-use commercial for the building. Neighborhood code 21. Grafton is single tax rate 2018=$16.59/$1k.
For Lease: Yes
Lease Type: Other (See Remarks)
Space Available: For Sale
The listing office is ERA Key Realty Services - Westborough and the listing agent is Joyce Loretta Kelley. 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.
Joyce Kelley
Joyce Kelley
ERA Key Realty Services - Westborough