165-167 Broad StHudson, MA 01749

Property Details for 165-167 Broad St

Year built

1932

Lot size

2.50 AC

Property size (Sq ft)

5,485 SF

Property type

Retail properties

Description

This exceptional investment opportunity presents a unique chance to acquire two properties totaling 5,485 square feet on a 2.5-acre lot in Hudson, Massachusetts. The property consists of a ±4,500 square foot restaurant building with a ±900 square foot second-floor apartment, and an adjacent ±2,600 square foot single-family home. Situated in a commercial zoning district (C6), this property offers significant redevelopment potential. The buildings were constructed in 1932 and boast approximately 337 feet of frontage on Broad Street, providing excellent visibility and accessibility. The location is highly desirable, being just one mile from downtown Hudson and less than a quarter mile from the 290 and 495 interchange, ensuring convenient access to major transportation routes. The property's current Net Operating Income (NOI) is $125,166, and it is offered for sale at $2,600,000. This presents a compelling investment opportunity with strong potential for long-term growth and returns, given the favorable demographics and future growth prospects of the area. The substantial lot size and commercial zoning provide ample flexibility for various redevelopment scenarios.

Location Insight

City

Hudson

County

Middlesex

State

Massachusetts

Latitude

42.3818

Longitude

-71.5648

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