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Property Detail

Kondelin Road
27 Kondelin Road is a turnkey, income-generating investment opportunity located less .
$4,000,000
Manufacturer: https://www.dnb.com/

Description

  • 27 Kondelin Road is a turnkey, income-generating investment opportunity located less than an hour from Downtown Boston, New Hampshire, and Maine.
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  • Property features include ample surface parking, unit climate control, 24-hour security camera observation, night lighting, and tenant-paid utilities.
  • Spread across four buildings, the property features exceptionally maintained personal storage units and fully leased high-bay industrial units.
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  • Located just off the Western Avenue/Route 127 corridor in an industrialized area surrounded by an affluent population within the immediate vicinity.

Executive Summary

27 Kondelin Road combines exceptionally maintained personal storage and high-bay industrial units in Gloucester, Massachusetts. The four-building complex is 10,750 square feet and fully leased. This is a premier opportunity to purchase a turnkey, income-generating investment property.

All buildings have legal certificates of occupancy from a diversified tenant roster that includes automotive service businesses, a medical fabricator, and more. The high-bay units feature large industrial units, and the self-storage facility offers direct door drive-up and climate control. Tenants pay their own utilities and enjoy on-site parking, 24-hour security camera observation, night lighting, large unit interior lighting, and city water.

27 Kondelin Road is in an industrialized area within moments of Westen Avenue/Route 127. From the property, arrive Downtown Boston, New Hampshire, and Maine in less than an hour's drive. An affluent population of approximately 1,180 residents lives within a mile of 27 Kondelin Road, representing an average household income that exceeds $166,500 per year.

Building 127 Kondelin Rd

Listing ID : 00958

SKU: 958

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Price History

DateEventPrice
December 17 2024Listed$4,000,000.00