This exceptional first-floor office suite in Ipswich, MA, is available for immediate occupancy. Priced at $55,000, this property offers 5 separate offices and a dedicated reception area, making it an ideal space for a variety of professional uses, including medical practices, legal firms, or accounting businesses. The suite is located at 130 County Road C. The condo fee structure is comprehensive, covering a wide range of essential services and utilities. Included in the condo fee are heat, hot water, electricity, water, sewer, master insurance, elevator maintenance, exterior building maintenance, landscaping, snow removal, and air conditioning. This significantly reduces the operational overhead for the tenant. The property's location offers convenient access to a variety of amenities, including nearby shopping and dining options. Commuters will appreciate the proximity to the commuter rail, providing easy access to both Boston and Newburyport. Furthermore, the renowned Crane Beach is just a short distance away. This turnkey office suite presents a rare opportunity to establish a professional presence in a desirable and well-amenitized location. The property is situated on a 0-acre lot. Contact us today to schedule a viewing.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$260,891
6.5%
$240,822
7%
$223,620
Comparable approach
Method
Valuation
Relative Method
$206,181
Geo Method
$206,181
Alternative Use
Use
Valuation
Residential
$298,619
Hospitality
$273,534
Educational
$227,577
Medical
$235,404
Retail
$354,008
Location Insight
City
Ipswich
County
Essex
State
Massachusetts
Latitude
42.6668
Longitude
-70.838
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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