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Attention contractors and investors -- BIG reduction! Extraordinarily rare offering of a commercial/multi-family building in the heart of historic Machine Shop Village in downtown North Andover. Anchored for nearly 50 years by Richard's TV, this property now awaits your vision for the next half century. The large street-level space includes a retail storefront, office, restroom, and rear workroom. Build it out to fit your needs, or possibly convert to another residential unit with town approval. Upstairs are three one bedroom apartments with mostly separate utilities. Additional storage area in attic and basement. Ample on and off-street parking. Do not miss this opportunity to generate rental and business income while putting your stamp on North Andover history.

More Info

Basic Information

  • Contingency Inspection
  • Mls StatusContingent
  • Parcel Number M:00041 B:00039 L:00000

Property

  • Acreage0.13

Exterior

  • RoofAsphalt/Composition Shingles

Amenities

  • Other AmenitiesBasement, Fireplace

Other

  • Date Listed04/13/2022
  • Farm Land Area Units Square Feet
  • View Count1

Tax Information

  • Tax Year 2022
  • Taxes$6,877

Location

  • Building Number48-50
  • CountyEssex
  • NeighborhoodDowntown
  • StateMA
  • StreetWater Street
  • TownNorth Andover
  • Zip01845

Basic Information

  • List Price$749,000
  • MLS Number72966480
  • Modification Date05/14/2022

Building

  • Building Area Units Square Feet
  • Year Built1900

Property Information

  • Living Area 3,988
  • Lot Size Square Feet 5,663
  • Lot Size Units Acres
  • Square Feet3,988

Map Location

Driving Directions

Listed by Ronald Cuscia of Stuart St James,Inc.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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