315-321 Union St, Rockland, MA 02370
11,010 SF | 80% Leased | Retail Building | Rockland, MA 02370 | $2,300,000 ($209/SF) | 9.03% Cap Rate
Asking Price $2,300,000
- Property Type
-
Retail
- Square Feet
- 11,010 SF
- Price / Square Foot
- $209
Listing Contacts
Michael Del Greco
Property Overview
Mixed use building 8 residential apartments and 2 commercial units. 9 units occupied. Long term anchor restaurant tenant with no plans to leave. Another 2000 sqft vacant commercial unit perfect to open your own business or lease. 8 gorgeous residential units with 4 - 2-bedroom units and 4-1-bedroom units. All units have granite counters, SS appliances and high ceilings. 2 units have brand new mini split CAIR/Heat and 4 units have new HE boilers. Updated plumbing, electrical, whole building sprinkler system. Brand new permitted rubber roof. Huge basement, high ceilings. Located in a DRROD zone allowing higher density, added floors and potential for a larger development for the savvy investor. Located in the heart of Rockland with both slow high car traffic and moderate foot traffic. The opportunities are endless. Mass DEP stabilization done prior to residential conversion. Current open RTN https://eeaonline.eea.state.ma.us/portal#!/wastesite/4-0023725
Property Details
- Class
- C
- Year Built/Renovated
- 1929/2016
- Stories
- 2
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 9,148 SF
Highlights
- 10 Unit Building 8 residential 2 commercial
- Heavy slow downtown traffic and moderate foot traffic
- New Roof, Renovated Residential units in 2015.
- 6 New Heating Systems
- Key Building in downtown Rockland MA
All available spaces
- Space
- 1st Floor
- Size
- 2,150 SF
- Condition
- Shell Space
Nearby Properties
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