For Sale
$2,750,000

1591 Osgood StNorth Andover, MA 01845

Prime 3-acre lot with two thriving businesses.

Overview

Added:
Dec 11, 2024
Days on market:
117
Exceptional investment opportunity in North Andover, MA, encompassing a 2.846-acre parcel zoned IS. This property features two established, currently operating businesses: Jimmy's Famous Pizza and The Cork Stop. The asking price is $2,750,000. The location offers unparalleled visibility and accessibility, situated directly across the street from a newly opened, 3.8-million-square-foot Amazon e-commerce, warehouse, and distribution facility on a 110-acre lot. This strategic positioning provides significant advantages for future growth and profitability. The property consists of two units and presents a unique chance to acquire established businesses alongside a substantial land holding. The high-traffic location, coupled with the proximity to a major e-commerce hub, creates a compelling investment proposition with significant potential for long-term returns. This is a rare opportunity to own a thriving commercial property in a rapidly developing area. The property's two existing businesses offer immediate cash flow, while the expansive land provides ample room for expansion or future development. Detailed financial information and operational data are available upon request. Don't miss this chance to secure a prime commercial asset in a high-growth market.

Highlights

  • Unique opportunity to acquire approximately 3 acres of commercial land in North Andover, MA, zoned IS.
  • Located directly across from a new 3.8 million square foot Amazon facility.
  • Includes two established, operating businesses: Jimmy's Famous Pizza and The Cork Stop.
  • Asking price: $2,750,000.

Property Details for 1591 Osgood St

Property type
Retail properties, Restaurants
Lot Size (sq. ft)
123,972 SF
Units
2

Location Insight

City
North Andover
County
Essex
State
Massachusetts
Latitude
42.732716
Longitude
-71.112319
1591 Osgood St, North Andover, Massachusetts

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1591 Osgood St
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