30 Main StTopsfield, MA 01983
- Other commercial real estate
- 3.59 AC
Property Details for 30 Main St
- Lot size
- 3.59 AC
- Zone code
- BV
- Property type
- Other commercial real estate
- APN
- TOPS M:0040 B:0074 L:
- APU
- TOPSM0040B0074L
Description
This exceptional 3,900 square foot commercial property, located at 30 Main Street in Topsfield, Massachusetts, presents a unique investment opportunity. Situated in the town's Central Business District, this former bank branch boasts a prime location just one mile from the renowned Topsfield Fairgrounds, ensuring high visibility and accessibility. The building features a well-designed layout, ideal for a variety of uses. The first floor comprises a spacious reception/waiting area, teller stations (easily adaptable), partitioned offices, and a private office, perfect for client interaction and administrative functions. Upstairs, the second floor offers a versatile conference room, ample storage space, a convenient kitchenette, a dedicated IT room, restrooms, and additional private offices, providing flexibility for various business needs. The property sits on a generous 3.59-acre lot, offering significant potential for expansion or outdoor amenities. Convenient parking is readily available in the adjacent Topsfield Village Shopping Center's lot (under the same ownership), supplemented by plentiful street parking. Estimated Net, Net, Net (NNN) charges are projected to be between $4.00 and $5.00 per square foot. The property's adaptability makes it suitable for a wide range of businesses, including but not limited to banks, credit unions, restaurants, and various retail and service operations. This is a rare opportunity to acquire a substantial commercial property in a thriving Topsfield location. The asking price is $14,000,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $29,593,212
- Hospitality
- $27,107,224
- Educational
- $22,552,892
- Medical
- $23,328,520
- Retail
- $35,082,276
Location Insight
- City
- Topsfield
- County
- Essex
- State
- Massachusetts
- Latitude
- 42.6394
- Longitude
- -70.9516
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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