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354 Turnpike StreetCanton, MA 02021MLS Number 72742316

  • Price: $2,600,000
  • 44 Days on Market
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Federal 30-year interest rate: 2.72% last updated on Nov 25, 2020
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354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021354 Turnpike Street Canton MA 02021
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  • 2.5Acreage
  • 1985Year Built
354 Turnpike Street is an office building that contains 20,100 square feet office space with 2.5 acres land. A three-story 100% office building. The first and second floors are leased, with stable annual income of $181,200, generates $91,583 net income; and the third floor will be ideal for owner occupy or rented for approximately $8,500 per month, bring the annual income over $280,000, which would yield a cap rate of above 7%. The building is in good condition:18 brand new central air-conditioning system, building exterior wall was renovated in 2019, well-maintained interior.An additional piece of land belong to this property that can be leased or developed into commercial real estate after obtaining municipal permits.Located 2 miles to the Route 128/138 interchange, with close proximity to Canton Center. Signage is available on Route 138, with high visibility to over 23,880 cars per day. Seller financing Possible, Parking lot space just rented out, bring extra income $20,400/year.
Listed by Amelie Cheng, Summer Xia and Jing Team of Compass

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Parking

  • Parking Spaces30
  • Total Parking Spaces30

Building

  • Year Built1985
  • No Buildings1
  • No Of Restrooms6
  • No Stories3
  • Entry OnlyNo
  • Assessed Value Bldg1477800

Photos

  • Photo Date2020-10-19T09:31:00
  • Number of Photos36

Other

  • Modification Date2020-11-19T14:37:00
  • Property TypeOffice
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book33984
  • Listing AgreementExclusive Right to Sell
  • Off Bldg Sf7000
  • ExchangeNo
  • Firm Rmk1There is an additional piece of land belongs to this property that can be leased or developed.
  • Page527

Basic Information

  • MLS Number72742316
  • Prop TypeCI
  • Status Date2020-10-13T19:00:00
  • Date Listed10/13/2020
  • List Price$2,600,000
  • LeaseYes
  • DirectionOff Route 138
  • MLS StatusActive

Location

  • StreetTurnpike Street
  • TownCanton
  • StateMA
  • Zip02021
  • CountyNorfolk
  • LocationHighway Access

Property

  • Acreage2.5
  • Net Operating Inc91583
  • Space AvailableFor Sale/Lease
  • SubletNo
  • Gross Annual Exp89617
  • Lot Size108900
  • Gross Annual Income181200
  • Assessed Value Land351100
  • Main LoAN2383

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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