For Sale
$1,600,000

414 Boston StTopsfield, MA 01983

High-visibility Route 1 commercial building. Great investment opportunity.

Overview

Added:
Feb 3
Days on market:
63
This exceptional commercial property at 414 Boston Street in Topsfield, MA, presents a unique investment opportunity. Situated on a 0.7-acre lot with prime frontage on heavily traveled Route 1, this property boasts unparalleled visibility and accessibility. The building offers versatile spaces, currently configured for multiple uses, including a thriving restaurant and separate office areas. Each space is individually metered, allowing for efficient management of utilities and diverse income streams. The property's thoughtful maintenance is evident in the recent installation of gas-fired rooftop HVAC units (exact date not specified) and a durable rubber roof installed in 2006, ensuring both comfort and long-term cost-effectiveness. The inviting exterior features lush landscaping and prominent monument signage, enhancing curb appeal and attracting potential customers. This property is ideal for an owner-operator seeking to combine business and residential living or an investor looking to capitalize on multiple income streams from various tenants. The flexible layout allows for a variety of business configurations, making it an attractive prospect for a wide range of entrepreneurial ventures. The asking price is $1,600,000.

Property Details for 414 Boston St

Property type
Year Built
1979
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Topsfield
County
Essex
State
Massachusetts
Latitude
42.65684
Longitude
-70.9333
414 Boston St, Topsfield, Massachusetts

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414 Boston St
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