One Commercial Opportunity Newburyport, MA 01950

Confidential- prospective buyers will be provided specific details of the property after execution of a Non-Disclosure Agreement. Offered for sale is this stand-alone single-story building in the center of the central business district of a city in the Newburyport area. The 1500+/- sf property offers off-street as well as street parking and is appropriate for the current retail use as well as professional office space. The zoning allows for a three-story mixed-use structure, which would allow apartment or condominium development above the current retail, bringing the total square footage to approximately 4500sf, making this an excellent investment, with 2-4 apartments for additional income, or 2-4 condominium units to sell to recoup redevelopment costs and profit. All information was obtained from the owner & public records, prospective buyers are encouraged to perform due diligence regarding suitability for their intended use in the contemplated acquisition.