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$1,750,000

  • Sold
  • Closed
  • Commercial
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Welcome to 799 Middlesex Turnpike in Billerica, an Investment Opportunity with Tenant Diversification. This free-standing, two-story property includes retail space, office space, off-street parking, and excellent visibility. With over 15,000 square feet of rentable space, the main tenant leases approximately 10,000 square feet, the restaurant Subway leases approximately 1,300 square feet, and over 4,500 square feet of second floor office space is available for lease. This property is an ideal asset for an investor seeking a projected 9+ CAP or for an owner-user. The newly expanded Middlesex Turnpike has become the gateway to this area, bringing new restaurants, apartments, and increased visibility.

Full Property Details for 799 Middlesex Turnpike

General

  • Sold For: $1,750,000
  • Taxes: $30,820 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: MLSPin
  • MLS ID: 73124372
  • Added to Site: 986 day(s) ago

Business

  • Business Type: Commercial

Parking

  • Total Spaces: 40

Location

  • County: Middlesex
  • Driving Directions: Highly Visible Middlesex Turnpike in Billerica

Structural Information

  • Square Feet: 16,000
  • Living Area: 16,000 Sq. Ft.
  • Year Built: 1961

Lot Features

  • Lot Size (Acres): 1.5
  • Lot Dimensions: 1.5
  • Zoning: Other (See Remarks)

Financial Considerations

  • Tax Amount: $30,820
  • Tax Year: 2023

Disclosures and Reports

  • Disclosures/Rstr.: Subway has right of refusal on the sale. Subway has indicated an intention to waive this right. One tenant is an owner.
  • Property ID: M:0096 B:0155 L:0, 377966

Meet the listing and selling agents

Meet the listing and selling agents
— 799 Middlesex Turnpike —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 799 Middlesex Turnpike

School District:Billerica School District
NameGradesDistance
Billerica Memorial High School
35 River Street, Billerica, MA 01821
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 799 Middlesex Turnpike

Date
Details
Price
Change
Source
10/12/2023
Sold
$1,750,000
-7.65%
MLS
6/13/2023
Listed
$1,895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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15 10th St, Tewksbury, MA 01876 - Photo 1 Just Listed
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15 10th St  Tewksbury, MA 01876

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85 Briarwood Rd, Tewksbury, MA 01876 - Photo 1 Just Listed
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Price Reduced near 799 Middlesex Turnpike

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84 Apache Way, Tewksbury, MA 01876 - Photo 1 Price Reduced
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84 Apache Way  #84  Tewksbury, MA 01876

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200 Rogers St, Lowell, MA 01852 - Photo 1 Price Reduced
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200 Rogers St  #6  Lowell, MA 01852

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Listed by Park Hill Group (978) 475-2201
345 Hildreth St, Lowell, MA 01850 - Photo 1 Price Reduced
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345 Hildreth St  #14  Lowell, MA 01850

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591 Varnum Ave, Lowell, MA 01854 - Photo 1 Price Reduced
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591 Varnum Ave  Lowell, MA 01854

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Recent Sales near 799 Middlesex Turnpike

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14 Fox Run Rd, Bedford, MA 01730 - Photo 1 Sold
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14 Fox Run Rd  Bedford, MA 01730

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3 Willow Ln, Bedford, MA 01730 - Photo 1 Sold
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3 Willow Ln  Bedford, MA 01730

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Listed by Patti Fitzgerald

799 Middlesex Tpke, Billerica, MA 01821 (MLS# 73124372) is a Commercial property that was sold at $1,750,000 on October 12, 2023. This property was listed by Todd Glaskin from our Brookline-Newton-Chestnut Hill Regional Office.Want to learn more about 799 Middlesex Tpke? Do you have questions about finding other Commercial real estate for sale in Billerica? You can browse all Billerica real estate or contact a Coldwell Banker agent to request more information.