140 North Franklin St., Holbrook, MA 02343
140 North Franklin St., Holbrook, MA 02343
140 North Franklin St., Holbrook, MA 02343
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$6,000,000
Est. payment /mo
31,920 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 31,920 sqft

Price per Sqft $187

MLS Listing ID 73495036

HOA Y/N false

Year Built 2007

Annual Tax Amount $58,921

Tax Year 2024

Lot Size 1.690 Acres

Acres 1.69

Property Description

140 North Franklin Street is a NNN-leased, mixed-use commercial property generating stable income from two established tenants — Amego Inc. and CH Beauty Inc. Offered at $6,000,000 current income places this property at a >8% cap rate. With 3% annual rent escalations embedded in existing leases for stable annually increasing income. 140 North Franklin represents a a durable commercial property within Holbrook's Business 2 zoning, as well as the Town Center Overlay District which gives the discerning investor flexiblity for future uses, and long term viability.

Location

State MA

County Norfolk

Zoning B2

Direction Please use GPS

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available

Roof Type Rubber

Others

Senior Community false

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Listed by Keller Williams South Watuppa

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts 02176, United States

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140 North Franklin St.